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Murrey Math Lines: EUR/USD, USD/CAD

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 31, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Analysis for March 31st, 2016 EUR USD, “Euro vs US Dollar” Eurodollar continues growing and right now bulls are trying to keep the price above the 5/8 level. If they succeed, the pair will continue moving upwards. In this case, the market may reach the 6/8 level very soon. At the H1 chart, the price has broken the 8/8 level and right now is moving inside the “overbought zone”. Bulls are supported by Super Trends. It’s highly likely that in the nearest future the market may beak the +2/8 level.

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