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Murrey Math Lines: EUR/USD, USD/CAD

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for January 6th, 2016 EUR USD, “Euro vs US Dollar” At the H4 chart, Eurodollar is trying to stay below the 0/8 level. Earlier, Super Trends formed “bearish cross”. In the nearest future, the market may continue falling towards the -1/8 level. At the H1 chart, the pair is also trying to stay inside “oversold zone”. Yesterday, the price rebounded from the H1 Super Trend. If later the market breaks the -2/8 level, the lines at the chart will be redrawn. USD CAD, “US Dollar vs Canadian

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