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Murrey Math Lines: EUR/USD, GBP/JPY

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for February 18th, 2016 EUR USD, “Euro vs US Dollar” At the H4 chart, Eurodollar is moving between Super Trends. If later the price breaks the 3/8 level and stays below it, the market may continue falling. However, if the pair stays above the 4/8 level, it may resume moving upwards. At the H1 chart, the current decline is supported by Super Trends, which earlier formed “bearish cross”. It’s highly likely that in the nearest future the price may resume falling and break yesterday’s

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