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Murrey Math Lines: EUR/USD, USD/CAD

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 29, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for December 29th, 2015 EUR USD, “Euro vs US Dollar” Eurodollar is moving inside a narrow trading range. If later the price isn’t able to stay above the 2/8 level and breaks Super Trends downwards, it may resume falling. In this case, the first target for bears will be at the 0/8 level. At the H1 chart, Eurodollar is moving at the top. I’m planning to open a sell order with the target at the 4/8 level if the pair isn’t able to stay above the 8/8 level and Super Trends form “bearish

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