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Murrey Math Lines: EUR/USD, GBP/USD

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for April 18th, 2016 EUR USD, “Euro vs US Dollar” After rebounding from the 4/8 level, Eurodollar has started consolidating. The current flat may yet continue during the day, but later the pair is expected to resume its decline. The first target for bears will be at the 3/8 level. At the H1 chart, Eurodollar is attempting to stay above the 2/8 level. If it fails and breaks Super Trends downwards, the price will resume falling. In this case, the closest target will be at the -2/8

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