Are you supposed to buy the low again?
Since falling below the 100 hour MA on the back of the German's displeasure with the Greek proposal, the EURUSD has been moving up and down between the 100 and 200 hour moving averages. There have been little tries above and below the MA levels but there has not been a close above the 100 hour MA (currently at 1.13907) nor below the 200 hour MA (currently at 1.1364). Until the story changes, the story remains a same: buy low sell high.
