EUR/CHF testing March highs

FXStreet (Córdoba) - The EUR/CHF is headed toward the highest daily close in more than a month as it currently trades at 1.2225. The Euro is rising for the third day in a row against the Swiss Franc resuming upside movements, after finding support at 1.2170 at the beginning of the month.

After the decision of the European Central Bank the EUR/CHF bottomed at 1.2193 but then bounced sharply to the upside as the Swissy plummeted across the board.

The pair peaked at 1.2232, just a few pips below last week highs and then bounced slightly finding support above 1.2220.