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Tuesday, May 08, 2007
USD/CHF: Stops Run As Dollar Guns For 1.2200 Barriers
USD/CHF has run stops in the break above 1.2185 and the pair is now gunning for the barriers at 1.2200. 1.2195 has printed as the fresh session and intraday high but thus far the pair has failed to eclipse the option related sales into the options.
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