DIRECTION?NO IDEA, BUT from WHERE & WHEN it starts:
-close the position.
- reopen the position:
BUY (far) ABOVE the VALUE
SELL (far) BELOW the injurious VALUE.
The lifetime of the level is up to severall days.
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Michael Boutros is a Trader / Currency Strategist specializing in FX markets with years of experience on FX Trade Desks. Currently, Michael is a Currency Strategist with DailyFX. Risk Disclaimer: http://goo.gl/CR5SFz