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Murrey Math Lines: EUR/USD, NZD/JPY

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 2, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for February 2nd, 2016 EURUSD, “Euro vs US Dollar” The pair is still consolidating. Earlier, the market wasn’t able to stay above the 5/8 level. If later the price breaks Super Trends downwards, Eurodollar may continue falling towards the 0/8 level. At the H1 chart, the pair is moving in the middle. Earlier, Eurodollar rebounded from the 7/8 level and started moving downwards quite fast. If the market is able to break Super Trends and they form “bearish cross”, the price will resume

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