4 Mar 2014
EUR/CHF jumps and approaches 1.22
FXStreet (Córdoba) - The EUR/CHF soared on Tuesday rising more than 50 pips, extending the recovery from 1-year lows. In the last hour of the American session is trading at daily highs at 1.2187, eyeing 1.2200. A weak Swiss Franc pushed the pair to the upside.
EUR/CHF strong reversal
The Euro found support at 1.2100 and rebounded strongly, accelerating the upside during the European session after breaking above 1.2140. So far it peaked at 1.2187, the highest price since last Thursday and continues with upside momentum trading above 1.2180.
The EUR/CHF is headed toward a daily gain or more than 60 pips, one of the best day in months. It the recovery continues, traders eyes would turn to 1.2200.
EUR/CHF strong reversal
The Euro found support at 1.2100 and rebounded strongly, accelerating the upside during the European session after breaking above 1.2140. So far it peaked at 1.2187, the highest price since last Thursday and continues with upside momentum trading above 1.2180.
The EUR/CHF is headed toward a daily gain or more than 60 pips, one of the best day in months. It the recovery continues, traders eyes would turn to 1.2200.