Technical: However I like the technicals for this trade. 1.0050 is a huge and the reward for the trade is 7 to 1, taking profits along the way. I think due to the factors for this market, generally stronger USD and weaker CHF id move my stop loss to breakeven quicker than normal.
Theres also the possibility that the may break to the upside in which case would look for trade.
SNB also made comments y'day afternoon about rates not staying low forever which initially market spiked lower but rebounded before dropping again so nothing new there.