9 May 2014
EUR/CHF climbs to 1-week highs
FXStreet (Córdoba) - The EUR/CHF broke above 1.2190 and rose to 1.2199 reaching a 1-week high. The euro was able to erase losses against the Swiss Franc, that is among the worst performers across the board.
During the current week the pair found support at 1.2160 and then bounced to the upside pushed by a weak Swissy.
EUR/CHF levels to watch
To the upside immediate resistance lies at 1.2200 and above here at 1.2235 and 1.2260. While to the downside support levels might be located at 1.2180 (daily low) and then 1.2160 (May 6 low) and 1.2130.
During the current week the pair found support at 1.2160 and then bounced to the upside pushed by a weak Swissy.
EUR/CHF levels to watch
To the upside immediate resistance lies at 1.2200 and above here at 1.2235 and 1.2260. While to the downside support levels might be located at 1.2180 (daily low) and then 1.2160 (May 6 low) and 1.2130.