27 Jul 2015
EUR/CHF jumps above 1.0600, to the strongest level since March
FXStreet (Córdoba) - A stronger euro in the currency market boosted EUR/CHF that broke above 1.0600 for the first time since March and climbed to 1.0650. Currently it trades at 1.0640, holding a bullish tone, near daily highs.
The euro continues to climb against the Swiss franc. Now it is headed toward the sixth daily gain in a row. Last week it rose 150 pips and managed to end above the important resistance area located around 1.0550.
EUR/CHF up amid stronger EUR
The pair regained strength after the Greek crisis eased. Now, as the euro rises in the market broke another important resistance at 1.0600 and approached March highs that lie at 1.0760 and also the strongest level it reached at 1.0810 after the Swiss National Bank abandoned the cap.
The euro is consolidating gains across the board. EUR/USD hit 2-week highs above 1.1100, EUR/GBP rose back above 0.7100 and EUR/AUD reached fresh 2015 highs above 1.5200.
The euro continues to climb against the Swiss franc. Now it is headed toward the sixth daily gain in a row. Last week it rose 150 pips and managed to end above the important resistance area located around 1.0550.
EUR/CHF up amid stronger EUR
The pair regained strength after the Greek crisis eased. Now, as the euro rises in the market broke another important resistance at 1.0600 and approached March highs that lie at 1.0760 and also the strongest level it reached at 1.0810 after the Swiss National Bank abandoned the cap.
The euro is consolidating gains across the board. EUR/USD hit 2-week highs above 1.1100, EUR/GBP rose back above 0.7100 and EUR/AUD reached fresh 2015 highs above 1.5200.