Interesting that the interbank dealers knew about the stops below 1.3420 but couldn’t get at them. Perhaps the accounts who placed the stops knew about the bids at 1.3420. Another possibility is that the stops were placed by the same guys who wanted to buy! This old chestnut has been around for decades. It’s when accounts who are in fact buyers, place stops below the market for the interbank dealers to chase after allowing the accounts to buy at cheaper levels and leaving the dealers caught short at the bottom. Old tricks of the trade.