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Forex: USD/CHF jumps above 0.9275

The USD/CHF has reacted up following the FOMC minutes with the pair rising around 50 pips in the latest hour from 0.9230 to break above the 0.9250 level and reach highest price since January 28 at 0.9285.

Currently the USD/CHF is trading at 0.9280, 0.60% above opening price action. Momentum, CCI and MACD are bullish in 15-minute time frame while Stochastic is bearish. Next resistances areat 0.9290, 0.9300 and 0.9320. On the downside, 0.9260, 0.9250 and 0.9220.

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