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Murrey Math Lines: EUR/USD, USD/CAD

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for April 11th, 2016 EUR USD, “Euro vs US Dollar” Eurodollar is still consolidating above the 5/8 level. Bulls are supported by the H4 Super Trend. Taking into account that the price has already rebounded from it several times, the market may continue moving upwards and reach the 7/8 level. At the H1 chart, after rebounding from the 7/8 level, the price started a new correction, but wasn’t able to fall lower that he 4/8 one. Later, the pair managed to stay above the 5/8 level and

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