FXstreet.com (Córdoba) - The Swiss Franc ended slightly down on Friday against the Dollar but with strong gains for the week. USD/CHF tested 1.0275 during the American session but failed to break below. For the first time in five days the pair did not reach fresh lows for the year. In the last two weeks Greenback has fallen more than 300 pips. On the upside, USD/CHF has a resistance zone at 1.0320 and above at 1.0365. On the other side, below multi-month lows support lies at 1.0220.
Franc is also stronger against the Yen and Cable. GBP/CHF plunged form 1.6950 to 1.6715, posting a fresh 4-month low. The pair has fallen in the last five day accumulating a decrease of more than 550 pips. To the Yen, the Swiss rebounded in a daily uptrend line and rose for four consecutive day ending with a weekly gain of 150 pips. CHF/JPY is consolidating above 88.00.