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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.

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