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EUR/CHF heading down to towards the 1.2025 barrier.
The earlier “dead-cat” bounce to 1.2063 was soon forgotten, and the EUR’s since slipped back again towards yesterday’s low of 1.2040 to 1.2047. There’s some large bids sitting below at 1.2030/40 ahead of the barrier and the SNB floor of 1.2000, with large sell stops positioned for a break of the peg.
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- safdarhashmi
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