EUR/USD has fallen to 1.4510 as talk of Swiss National Bank intervention swirls. Should the EUR break down further, mind support at the 1.4460 level. Expect trailing stops should that level (and further support at 1.4445) give out. We’d be willing to call an intermediate-term top if 1.4445 is broken.
If EUR/USD gathers momentum, watch 1.4460
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