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Forex: USD/CHF jumps above 0.9300

FXstreet.com (San Francisco) - After declining around 40 pips from 0.9315 to 0.9275 in the early American session, the USD/CHF has bounced at this level to trade above the 0.9300 level and to test intra-day highs at around 0.9330.

Currently the pair is trading at 0.9327, almost flat on the day with the pair trading slightly bullish according to the FXstreet.com trend index. Indicators such as MACD, CCI and Momentum are pointing bullish while the Stochastic is bearish in the 15-minutes timeframe.

Above the 0.9330, next resistances are at 0.9340 (April 10 and 17 highs) and 0.9356 (April 9 max). Supports are at 0.9300, 0.9275 (intra-day low) and 0.9210.

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