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Murrey Math Lines: EUR/USD, EUR/JPY

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 22, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for October 22nd, 2015 EURUSD, “Euro vs US Dollar” Eurodollar has reached a new local low, but the pair is still moving between Super Trends. If later the price is able to break the 5/8 level, the market will continue falling towards the 4/8 one. At the H1 chart, the pair has broken the 3/8 level and right now is trying to stay below it. If the price succeeds, the pair will continue falling towards the 0/8 level. I’m planning to open another sell order during the correction. EURJPY,

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