Sometimes by observing what shorter term traders are looking at, you might be able to find a low risk trading opportunity…..
The EURUSD has been holding below the 100 bar MA on the 5 minute chart – twice. The 100 bar MA is moving lower a little. If this level holds, we could see a further rotation to the downside. A move above and the technical picture changes. Low risk. Not looking for a home run, but…..
Just an observation,
EURUSD finding sellers against the 100 bar MA. Is it giving a clue?
