Accumulation phase lasted 9 hour with a uptrend price action of 35-40 pips following 12/8/14 market closing orders and lower volume/transaction. From a MArket Maker view and awareness of the 95% of retail traders would likely place stop loss orders on the uptrending price from 0.97373 to 0.97622, which was a great area to trigger buy orders from retail traders (95%) into sell stop orders that increased supply and help lowered demand. Creating a avalanche of price decline and not enough buyers nor banks absorbing the sells would play in favor of shorting orders the Market Makers profit release phase.
Stop Loss price from uptrend buyers added supply to lower price into profitable are for short orders collected by Market Makers. The Uptrend created a demand and incentive for more participates, which fueled transaction to take place at higher price for more profit making opportunities for Market Makers.