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Murrey Math Lines: EUR/USD, USD/CHF

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for October 9th, 2015 EURUSD, “Euro vs US Dollar” After reaching a new local high, Eurodollar is moving near the 6/8 level. Considering that the current growth started after the price rebounded from the 2/8 level, the resistance from the 6/8 one indicates that the market may resume moving downwards. At the H1 chart, the pair may be supported by the 8/8 level. If later the price is able to break Super trends and stay below them, I’m planning to increase my short position. USDCHF, “US

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