i'm sure that professional, serious players like Morgan Stanley, GS, Merrill, Superfund, FX Concepts, german and swiss traders/bankers with 25 years of experience, etc. who bought above 1.34 are still holding longs.
everyone knows they can never be wrong.
thats why they get paid very well even when losing few billions (who cares).
hmm.. or maybe the money should be managed by smartly designed automated strategies? Nah, its only for those goofy teenagers and their techn. analysis!