Trailing Stop In Short CHF NOK

Crédit Agricole CIB is adjusting the stop-loss level for its short CHF/NOK position to 12.18 to protect a 1% profit. The decision follows the pair breaking below the 12.00 level.

Key Takeaways

• 1.The firm is trailing the stop loss for its short CHF/NOK position from 12.61 to 12.18 to lock in profit.

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