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8 Sep 2014
USD/CHF jumps to nearly 1-year high at 0.9360
FXStreet (San Francisco) - USD/CHF jumped around 50 pips in the American session from 0.9310 to break above 0.9330 and tor each its highest level since September 11 2013 at 0.9360 amid a report from the SF's Fed that says Fed may hike rates soon.
Currently, USD/CHF is trading at 0.9350, up 0.40% on the day, having posted a daily high at 0.9359 and low at 0.9306. USD/CHF spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish.
USD/CHF levels
If the pair manages to break above 0.9360, it will face next resistances at 0.9400 and 0.9450. On the downside, supports are at 0.9200, 0.9120 and 0.9100.
Currently, USD/CHF is trading at 0.9350, up 0.40% on the day, having posted a daily high at 0.9359 and low at 0.9306. USD/CHF spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish.
USD/CHF levels
If the pair manages to break above 0.9360, it will face next resistances at 0.9400 and 0.9450. On the downside, supports are at 0.9200, 0.9120 and 0.9100.