EUR/CHF moves toward 1.0500

FXStreet (Córdoba) - EUR/CHF is rising for the third day in a row recovering further from levels under 1.0400.

The pair peaked during the American session at 1.0493, the highest level in a week. Currently trades at 1.0485/90, up 0.38% for the day. Earlier dropped to 1.0438 but rebounded and climbed toward 1.0500.

EUR/CHF technical levels

The pair is moving with a bullish bias on the short term. To the upside, immediate resistencia lies at 1.0500, 1.0525/30 (Mar 19, 20 low) and 1.0545 (March 25 high). On the opposite direction support levels might be located at 1.0465 (Apr 3 high), 1.0435 and 1.0415/20.

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