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Murrey Math Lines: EUR/USD, GBP/JPY

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for February 17th, 2016 EURUSD, “Euro vs US Dollar” Eurodollar is moving between Super Trends. If the price breaks the 3/8 level and stays below it and Super Trends form “bearish cross”, the current descending correction may become deeper. At the H1 chart, Super Trends provide support. Considering that the price is already moving under the 3/8 level, it may continue falling. The closest target for sellers is at the 0/8 level; after reaching it, the market may start an ascending

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