The Swiss currency weakened against the other major currencies in early European deals on Tuesday.

The franc pared gains to 124.50 against the yen, from an early high of 124.87.

The franc weakened to a 5-day low of 1.4567 against the pound, compared to yesterday’s closing value of 1.4542.

The franc edged down to 1.0409 against the euro and 0.9565 against the greenback, off early highs of 1.0378 and 0.9534, respectively.

The franc may possibly find support around 120.00 against the yen, 1.50 against the pound, 1.00 against the greenback and 1.05 against the euro.

The material has been provided by InstaForex Company –