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Pop goes the weasel

Pop goes the weasel

Forex Orders
Gerry Davies
01/03/2011 | 08:15 GMT

Barrier at 1.6300 is no more. Stops tripped just above and we’ve been as high as 1.6321 so far.

Sell orders seen 1.6335/50. Probably more stops just above there.

Trailing stops now being left in 1.6280/85 area by “range break buyers” I’m being told.

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