Murrey Math Lines: EUR/USD, GBP/JPY

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 28, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Analysis for January 28th, 2016 EUR USD, “Euro vs US Dollar” The pair is moving above Super Trends. Earlier, Eurodollar rebounded from the 1/8 level several times, and, as a result, resumed growing. The closest target is at the 4/8 level. If the market breaks this level and stays above it, the market may continue growing much higher. At the H1 chart, Super Trends have formed “bullish cross”. If later the price is able to stay above the 5/8 level, it may continue growing towards the 8/8 one.

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