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Murrey Math Lines: EUR/USD, USD/CHF

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 23, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysis for February 23rd, 2016 EUR USD, “Euro vs US Dollar” On the four-hour chart, the SuperTrend lines formed a "bearish cross". Since the market was able to gain a foothold below 3/8 , now the target for sellers is the level of 0/8 . In the short term a further decline in the currency pair is likely. On the hourly chart, the market is trading in the lower part of the build-up of levels. The SuperTrend lines show support to the decline. If the price is able to break the mark 0/8 , then the

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