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Murrey levels have been redrafted

21 January 2016, EUR/USD

Murrey levels have been redrafted

The four-hours chart of EUR USD. Lower volatility of this currency pair has led to redraft of Murrey levels, which were considerably narrowed. After another unsuccessful attempt to cross the level (4/8), the pair got back to the support level (2/8). The probability of breakdown of this level is quite big. In this case the price will get to the main level of support (0/8).

Trading Solutions: sales from the level of (3/8)

Nikolay Krishtopov
Analyst of «FreshForex» company
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