More madness

EURCHF went up 100+ pips in three minutes, again. Rumors about "official" or "semi-official" buying were flying around, but I don't think they hold any water. An intervention at this rate would have to be pretty big and get much better results to be worth the effort since we're only 30 pips above the start of the move now. Unfortunately I don't have an alternate hypothesis for the big move, at least not a good one. My best guess is that a big player took on a position and it took the pair right through a bunch of stops people had right above 1.5320. I was looking for a buy just before the big move but my trading platform mysteriously closed so I didn't get in. However, picked up a partial short position about half-way up the move that as of this writing is in the green.