Reversing direction, the Swiss franc advanced against the other major currencies in European deals on Tuesday.

The franc rose to near a 3-week high of 1.0323 against the euro and a 4-day high of 129.60 against the yen, coming off from its early lows of 1.0380 and 128.46, respectively.

The franc, which declined to a 4-day low of 1.4664 against the pound and near 4-week low of 0.9519 against the greenback in previous deals, reversed direction and was trading at 1.4574 and 0.9459,respectively.

The franc is likely to find resistance around 1.45 against the pound, 0.93 against the greenback, 1.025 against the euro and 131.5 against the yen.

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