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Murrey Math Lines: EUR/USD, GBP/JPY

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for February 19th, 2016 EUR USD, “Euro vs US Dollar” At the H4 chart, Eurodollar is moving below the daily Super Trend, which means that it may continue falling. The closest target is at the 2/8 level; if the market breaks this level, it may continue falling much deeper. At the H1 chart, the price is supported by Super Trends. Considering that the pair is already moving under the 3/8 level, the next target will be at the 0/8 one. After reaching it, the market may start an ascending

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