EUR/CHF: Still looking vulnerable

Author: Sean Lee | Category: Forex Orders

EUR/CHF fell very sharply in early London and the market has obviously not yet tired of buying CHF. As Jamie mentioned again, there is still talk of massive stops below 1.2400 and once this cross gets a roll on it can get move very fast very quickly.

There is major technical support near 1.2480 but a break below there could see the stops come into focus very quickly.

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