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Murrey Math Lines: EUR/USD, USD/CAD

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 6, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for November 5th, 2015 EURUSD, “Euro vs US Dollar” Eurodollar continues moving downwards. If the price is able to stay below the 1/8 level, it may continue falling to reach the 0/8 one. If this level is broken as well, the market may fall deeper, towards the -2/8 one. At the H1 chart, Eurodollar is moving at the bottom. If the pair rebounds from Super Trends, the market may continue moving downwards. After the price breaks the -2/8 level, the lines at the chart will be redrawn.

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