I post the price action 1H chart for the EURJPY which shows it crazy reaction on fake report from AP tweets. The reports says that,
Traders worldwide were worried and made a haste judgement by shorting the pair. After a moment, AP realized that the so called breaking news was fake. It was posted by somebody after it gain access to AP journalist twitter accounts by hacking and made this remark. After realizing it, AP quickly deleted the tweets and suspend all its Twitter accounts. Did anyone benefited from this? I think there might be few. Whoever shorted this pair should gain at least 100 pips if target profit met. Soon, all traders realized that it was a fake and made correction pushing the pair to its original level. Bad news for those who have stop loss in those price ranging from 129 - 128.23. It is now investigated by FBI and hopefully the culprit is nabbed quickly.
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