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Murrey Math Lines: EUR/USD, NZD/USD

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 11, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysis for December 11th, 2015 EUR USD, “Euro vs US Dollar” Eurodollar hasn’t been able to stay above the 2/8 level and right now is moving below it again, which means that the market may resume moving downwards. Moreover, the price is under the H4 Super Trend. The closest target for bears is at the 0/8 level. The lines at the H4 and H1 charts are completely the same. Super Trends have formed “bearish cross”. On Friday, Eurodollar may resume its decline and break the yesterday’s low. NZD

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