USD/CHF: 1.2290/2300 Retest On Cards After 1.2250 Falls

Those bulls that managed not to book profit on long trades into 1.2250 have been left with the prospect of a run towards 1.2290/2300 after much-hyped central bank buyers in EUR/USD failed to emerge at 1.3130. EUR/USD has fallen and USD/CHF has erased 1.2250 in the move higher. More stops are reported to have gone off amid the latest leg higher.