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Murrey Math Lines: EUR/USD, USD/CAD

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for April 12th, 2016 EUR USD, “Euro vs US Dollar” Eurodollar is still consolidating above the 5/8 level and the H4 Super Trend. In the nearest future, the market may test these levels one more time. If the price rebounds from them again, the pair may continue moving upwards. In this case, the target will be at the 7/8 level. At the H1 chart, Eurodollar has rebounded from the 7/8 level again, so it may yet continue moving inside the flat. The closest target is at the 4/8 one. If later

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