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2 Apr 2014
EUR/CHF consolidates gains around 1.2200
FXStreet (Córdoba) - Having made a daily high at 1.2211 and low at 1.2179, EUR/CHF spot is up 0.17% on the day and presently trading at 1.2202. Despite being small is the strongest gain since mid March. The Swiss Franc is among the worst performs across the board on Wednesday.
The EUR/CHF is about to close around 1.2205; if it ends above it would be the highest daily close in more than a month. Price continues to move with an upside bias but unable to move away from the 1.2200 mark.
To the downside the area above 1.2170 if offering support; and below here comes 1.2150/55. While resistance could be located at 1.2215 and above at 1.2235.
The EUR/CHF is about to close around 1.2205; if it ends above it would be the highest daily close in more than a month. Price continues to move with an upside bias but unable to move away from the 1.2200 mark.
To the downside the area above 1.2170 if offering support; and below here comes 1.2150/55. While resistance could be located at 1.2215 and above at 1.2235.