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Murrey Math Lines: EUR/USD, USD/CAD

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 21, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for December 21st, 2015 EURUSD, “Euro vs US Dollar” Eurodollar is consolidating close to Super Trends, which may soon form “bearish cross” to confirm a new decline of the price. The closest target is at the 0/8 level. If later the par breaks this level, it may continue falling much deeper. At the H1 chart, Eurodollar is moving at the bottom as well. If the price breaks Super Trends and stays below them, I’m planning to open another sell order. In case the market rebounds from the 0/8

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