European bank is saying that macro funds have heavy stop-loss sell orders below 1.0330.
Come on! Let’s trigger them 🙂
Unfortunately my 2 shillings won’t cause much damage but I’m all for it 🙂
means we could see some decent decline from there if they are triggered?
Sean feeling we need some fresh negative news to trigger these stops otherwise it would bounce.
Agree Jason. There’s been no fresh news in German press re last night’s German/Dutch/Finland statement so we may indeed see some type of rally. I’ll wait and see if we can get a test as I suspect the interbank dealers will be keen to have a go
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