AUDNZD BOTTOM FEEDING for 200++ pips to long side Long

Australian Dollar/New Zealand DollarFXCM

Description

⋅ Dec 18, 2013 11:27 PM

Some strong confluence levels.

The "taper" gave a nice market order selling frenzy into large buy limits.

Basically this is a sign of a major bottom forming (huge market orders/stops into huge limit orders causing strong reversal)