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Murrey Math Lines: EUR/USD, USD/CAD

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for January 12th, 2016 EUR USD, “Euro vs US Dollar” Eurodollar is still being corrected. If the price is able to stay under Super Trends, it may move to reach the 0/8 level. However, if the pair breaks the 1/8 level and stays above it, the market may start a new ascending movement. At the H1 chart, Eurodollar is moving in the middle. The closest target of the current local correction is at the 2/8 level. If this level is broken, the market may fall towards the 0/8 one. USD CAD, “US

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