Murrey Math Lines: EUR/USD, USD/CHF

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysis for February 4th, 2016 EUR USD, “Euro vs US Dollar” In case of Eurodollar, the price continues moving upwards quite fast and this growth is supported by the H4 Super Trend. However, the 8/8 level may provide resistance to this rally. If the pair rebounds from this level, it may start a new descending correction. The lines at the H4 and H1 charts are completely the same. In order to start a new correction, the pair has to break Super Trends and stay below them. As soon as it happens,

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