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Murrey Math Lines: EUR/USD, USD/CHF

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for April 7th, 2016 EURUSD, “Euro vs US Dollar” Probably, Eurodollar may continue growing. The price was supported by the H4 Super Trends as it rebounded from this level several times. Consequently, on Thursday the pair may continue moving upwards to reach the 6/8 level. At the H1 chart, Super Trends are influenced by “bullish cross”. After the price stays above the 3/8 level, it may continue growing. If later the market breaks the 4/8 level easily, it may reach the 5/8 one. USDCHF,

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