9:02 PM
Murrey Math Lines 30.03.2015 (EUR/USD)
FXTM Online Analysis Department.
EUR USD, “Euro vs US Dollar”
The market has rebounded from the 6/8 level several times and been able to stay below the H4 Super Trend. Possibly, Super Trends may form “bearish cross” quite soon. During a local correction, I opened another sell order and plan to increase my position after the pair breaks the 4/8 level.
As we can see at the H1 chart, Super Trends have formed “bearish cross”. The closest target right now is at the 4/8 level; bears may break it and continue falling. I’m planning to move the stop loss on my current order to break even when the market breaks the minimum.
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