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Murrey Math Lines: EUR/USD, NZD/JPY

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for March 18th, 2016 EUR USD, “Euro vs US Dollar” Eurodollar is consolidating near the 5/8 level. If the price rebounds from this level downwards during the day, the pair may start a new descending correction. In this case, the first target for bears will be at the 4/8 level. At the H1 chart, Eurodollar is moving inside “overbought zone” and supported by Super Trends. If the pair rebounds from the +2/8 level in the nearest future, it may resume moving downwards. However, if the market

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