Disliked{quote} If that was the case then EURUSD would be plummeting as well.Ignored
The other reason of course why we are dropping could also well be because JP Morgan recommended we go long on the break of 6770. We could be dropping for this simple reason also.
Bear in mind, they also said to short the Break of the 65xx swing low, targeting 6250 (at least), so don't be surprised if we keep dropping and make a new low.
If you are long, don't sweat it, as the odds are heavily in favour of institutional bulls taking control again to wipe out the JPM bearish sheep once sell stops are triggered.
Come with me if you want to live....