Mar 17, 2015

Murrey Math Lines 17.03.2015 (EUR/USD)

FXTM Online Analysis Department.


EUR USD, “Euro vs US Dollar”

Eurodollar is being corrected between Super Trends. If the pair is able to stay below the 3/8 level, bears will continue pushing the price towards the 0/8 one. Possibly, in the nearest future the price may reach a new low.


As we can see at the H1 chart, Super Trends have formed “bullish cross” during the correction. if the price rebounds from the 3/8 level once again, the target will be at the 0/8 one. I’ve opened an additional sell order during a local correction.

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