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Murrey Math Lines: EUR/USD, NZD/USD

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for December 10th, 2015 EUR USD, “Euro vs US Dollar” Eurodollar has rebounded from the 2/8 level twice, which means that it may resume moving downwards. If the price is able to stay under the H4 Super Trend, the market will start another decline. The lines at the H4 and H1 charts are completely the same. it’s highly likely that on Thursday Super Trends may form “bearish cross”. The closest target is at the 0/8 level. If Eurodollar breaks this level, the price may fall much deeper. NZD

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