All the big interbank players reported large stops above 1.3250, through 1.3270, and it looks as if another especially big player took advantage of this to sell some EUR. Surprisingly China is being mentioned as the main seller, that is despite all their public comment about supporting the EZ. Might be worth a quick EUR/USD short with a tight stop above 1.3280, or?
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EUR/USD: Failed to gap higher despite very heavy stops
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