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Home > EURUSD Opens Down 150 Pips, Breaks To 1.09 Handle

EURUSD Opens Down 150 Pips, Breaks To 1.09 Handle

By Tyler Durden
Created 06/28/2015 - 14:26
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 06/28/2015 14:26 -0500



 

Contained-ish...

EURUSD trades 1.0997 before some stops bounce...

[2]

 

EURCHF tumbling (CHF bid)...

[3]

 

We wait to see where equities open... which could be a problem as USDJPY has collapsed (carry unwinds en masse)

[4]

 

Which implies a 40-50 point drop in the S&P...

[5]

 

And when the very visible hand of the SNB and ECB step in.

 

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Source URL: http://www.zerohedge.com/news/2015-06-28/eurusd-opens-down-150-pips-breaks-109-handle

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/06-overflow/20150628_EUR.jpg
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/06-overflow/20150628_EUR1.jpg
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/06-overflow/20150628_EUR2.jpg
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/06-overflow/20150628_EUR3.jpg