FXstreet.com (Córdoba) - The Euro is plunging against the Swiss Franc on Wednesday. EUR/CHF fell below 1.4900 to test the lows of the week. The pair fell at the beginning of the current trading week to 1.4872, the lowest level since March. Currently trades at 1.4885/92, 0.41% below today's opening price. To the downside the pair could find support at 1.4860 (March 3 high) and below at 1.4800.
Since the beginning of December has fallen more than 200 pips; an unusual movement for the pair. Current price level intensifies the possibilities of an intervention by the Swiss National Bank.