24 Jun 2013
EUR/CHF hits 2-month low
FXstreet.com (Córdoba) - The EUR/CHF fell to its lowest level in almost 2 months during the New York session, having lost over 60 pips throughout the day.
EUR/CHF fell to a low of 1.2218 before recovering slightly and it was last trading around 1.2230, still down 0.2% on the day, with immediate support at the 1.2200 mark, and resistances at 1.2275 (daily high) and 1.2290 (100-hour SMA).
The EUR/CHF has been slowly edging lower ever since peaking at 1.2646 late May, now dangerously approaching to the 1.2200 SNB floor.
EUR/CHF fell to a low of 1.2218 before recovering slightly and it was last trading around 1.2230, still down 0.2% on the day, with immediate support at the 1.2200 mark, and resistances at 1.2275 (daily high) and 1.2290 (100-hour SMA).
The EUR/CHF has been slowly edging lower ever since peaking at 1.2646 late May, now dangerously approaching to the 1.2200 SNB floor.