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Murrey Math Lines: EUR/USD, USD/CHF

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for April 8th, 2016 EURUSD, “Euro vs US Dollar” Eurodollar is still consolidating; bulls are supported by the H4 Super Trend and the 5/8 level. If the price rebounds from them upwards, it may continue moving upwards and reach the 7/8 level during the next week. At the H1 chart, Eurodollar has rebounded from the 2/8 level several times. Super Trends are still influenced by “bullish cross”. If in the nearest future the price is able to stay above the 3/8 level, it may continue growing

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