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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

    Oct 7, 2015
    Likes Received:
    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

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