Forex: EUR/CHF above 1.2100 after Swiss unemployment

FXstreet.com (Barcelona) - The EUR/CHF is at another try to stay above the 1.2100 handle after a first rally ahead of Switzerland unemployment rate. Data was expected to rise to 3.5%, but actual data came out at 3.4%. Nevertheless, it's a 10-month high.

Investors also have been told that the SNB will do everything in its power to keep the floor at 1.20.

First support would be 1.2101 (yesterday's high), followed by 1.2085 (daily low)and 1.2058 (yesterday's low). On the upside, resistance is found at 1.2108 (Jan-25 high), 1.2132 (Jan-18 high) and 1.2200 (psychological level).