The Swiss franc weakened against the other major currencies in the late Asian session on Monday.
The Swiss franc fell to 120.39 against the yen and 1.0071 against the U.S. dollar, from last week’s closing quotes of 120.49 and 1.0044, respectively.
Against the pound and the euro, the franc edged down to 1.4856 and 1.0585 from Friday’s closing quotes of 1.4786 and 1.0539, respectively.
If the Swiss franc extends its downtrend, it is likely to find support 113.10 around against the yen, 1.03 against the greenback, 1.56 against the pound and 1.21 against the euro.
The material has been provided by InstaForex Company – www.instaforex.com