AUD,NZD/EUR/USD/Flows and Orders/GBP crosses

EUR/USD: Stops set-off below 1.2880

EUR/JPY looks like it also set off some stops and the EUR/USD fell 20 pips very quickly in what looks like a pure stop-loss triggering exercise.

My profit target in EUR/USD on the balance of my short position was hit at 1.2882 and I’m now only running cable and AUD/USD shorts (although I did book some partial profit in cable earlier this morning).

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