Keep in mind far less has kept the euro up for months on end over the past couple years, and at least this time the euro actually responded to bad news.... well.... badly.
And there is something very disconcerting about "record breaking" sentiment readings... I can imagine it's a bit of a game of capital market chicken.... hedge funds and larger market participants each wanting to hold to the bottom, but knowing if one blinks first... the others may follow, and that would put the hurt on whoever is late to the profit taking party.
Or maybe it's just a good low liquidity day to hunt stops on the cheap.
who knows.... i'm just playing it level to level now that we've nearly hit 2600. maybe euro session does something interesting :::
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