EURUSD – Recalibration of Murray Levels

12.08.2024

H4: Amid decreased volatility, the recalibration of the Murray levels has occurred on the chart. They have significantly narrowed, and the price is currently around the (6/8) level. From the current levels, we expect a resumption of the downward movement towards the support area formed by the (4/8) level and the daily super trend line.

Trading decision: Sell at 1.0925, TP at 1.0864.