EUR/CHF up in European trade

The Euro was higher against the Swiss Franc on Friday after the release of U.S. data on GDP.

EUR/CHF was trading at 1.1446, up 0.36% at time of writing.

The pair was likely to find support at 1.1257, Monday’s low, and resistance at 1.1519, Thursday’s high.

Earlier in the day, preliminary official data showed that Gross domestic product in the U.S. rose less-than-expected to a seasonally adjusted annual rate of 1.0% in the last quarter from 1.3% in the preceding quarter.

Analysts had expected U.S. gross domestic product to rise 1.1% in the last quarter.

Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.22% to hit 1.4410 and EUR/JPY falling 0.86% to hit 110.43.