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Murrey Math Lines: EUR/USD, NZD/USD

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysis for March 16th, 2016 EURUSD, “Euro vs US Dollar” Eurodollar has been able to stay under the H4 Super Trend and the 3/8 level as well. Consequently, in the nearest future the market may continue falling. The closest target for bears is at the 2/8 level and the daily Super Trend. At the H1 chart, Super Trends have formed “bearish cross”. Earlier, the price rebounded from the 7/8 level several times and resumed moving downwards. During the day, Eurodollar may break its local low and then

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