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EUR/CHF: SNB and stop-loss levels

Forex Orders
Sean Lee
04/04/2012 | 03:57 GMT
  • SNB reportedly solid on bid at 1.2020
  • Stop-loss sell orders just below there now estimated at around EUR8 billion
  • SNB presumably on bid again at 1.2000
  • More stops directly below there, reportedly exceeding EUR20 billion
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