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EURObull
May 7, 2015 10:51 PM

Clearing Long Stops Here From Last Hour's Lows Long

Euro Fx/Japanese YenFXCM

Description

Classic move before big news. The last 3 hours will have dragged all kinds of traders and bots into thinking it's going to dump right here. Anyone with long protective stops set under last hour's lows just got cleared out, those bracket trading last hour's lows are now sucked in short.

Long Target: 136.40
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