1:37 PM
Murrey Math Lines 27.03.2015 (EUR/USD)
FXTM Online Analysis Department.
EUR USD, “Euro vs US Dollar”
The market has rebounded from the 6/8 level once again and been able to stay below the H4 Super Trend. During a local correction, I opened another sell order and plan to increase my positions after the pair breaks the 4/8 level.
As we can see at the H1 chart, Super Trends have formed “bearish cross”. Possibly, in the nearest future the price may break the 0/8 level and continue falling inside “oversold zone”. In this case, the closest target will be at the -2/8 level.
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