Reversing direction, the Swiss franc dropped against the other major currencies in early European deals on Friday.

The franc dropped to 2-day lows of 1.4457 against the pound and 0.9181 against the greenback, off early highs of 1.4379 and 0.9114, respectively.

The franc edged down to 130.14 versus the yen and 1.0429 against the euro, from its previous highs of 130.99 and 1.0400, respectively.

The franc is likely to find support around 0.95 against the greenback, 1.10 against the euro, 125.00 against the yen and 1.46 against the pound.

The material has been provided by InstaForex Company – www.instaforex.com