The Swiss franc strengthened against most major currencies in the European session on Friday.

The Swiss franc rose to a 1-1/2-month high of 1.2482 against the pound, from an early low of 1.2593.

The franc advanced to 0.9701 against the U.S. dollar, from an early 2-day low of 0.9745.

Against the euro, the franc edged up to 1.0889 from an early low of 1.0910. This may be compared to an early 4-day low of 1.0887.

If the franc extends its uptrend, it is likely to find resistance around 1.22 against the pound, 0.95 against the greenback and 1.07 against the euro.

Grafico Cross Euro vs CHF (FX:EURCHF)

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Grafico Cross Euro vs CHF (FX:EURCHF)

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