Swiss Franc Rises Against Most Majors

The Swiss franc strengthened against most major currencies in the Asian session on Tuesday.

The Swiss franc rose to a 4-day high of 1.5035 against the pound, from yesterday’s closing value of 1.5051.

Against the U.S. dollar, the franc advanced to 0.9990 from yesterday’s closing value of 1.0010.

The franc edged up to 123.28 against the yen, from an early low of 123.13.

If the Swiss franc extends its uptrend, it is likely to find resistance around 1.49 against the pound, 0.98 against the greenback and 124.00 against the yen.

The material has been provided by InstaForex Company – www.instaforex.com

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