EURUSD: Low risk opportunity or a sucker’s play?

EURUSD: Low risk opportunity or a sucker’s play?

The EURUSD is testing the 100 bar moving average on the 5 minute chart. The level is a low risk trade, as right below is the 38.2% retracement of the days range at 1.4009. A short term trade would be…

Last Updated ( Friday, 12 June 2009 23:51 )

Date	EUR/ USD Pips	GBP/ USD Pips	USD/ CHF Pips
30th jan	-21	+46	++
31th Jan	+85	+20	+79
1st Feb	-20	+41	-23
2nd Feb	+106	+71	+82
3rd Feb	+14	++	++