The Swiss franc declined further against the other major currencies in European deals on Monday.
The franc weakened to more than a 3-week low of 123.03 against the yen and a 4-day low of 1.0835 against the euro, reversing from its previous highs of 124.12 and 1.0759, respectively.
The franc fell to more than a 4-week low of 0.9833 against the dollar and near a 5-week low of 1.5080 against the pound, coming off from its prior high of 0.9757 and a 4-day high of 1.4954, respectively.
The franc is likely to find support around 1.00 against the greenback, 1.52 against the pound, 122.00 against the yen and 1.095 against the euro.
The material has been provided by InstaForex Company – www.instaforex.com