1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Murrey Math Lines: EUR/USD, GBP/JPY

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    Analysis for February 8th, 2016 EUR USD, “Euro vs US Dollar” Eurodollar has rebounded from the 8/8 level twice, which means that it may start a new descending correction. If the market is able to stay below the H4 Super Trend during the day, the price may continue falling towards the 5/8 level. The lines at the H4 and H1 charts are completely the same. Super Trends have formed “bearish cross” and, as a result, the correction has started. It’s highly likely that on Monday the price will break

    Continue reading...
     

Share This Page