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USD/CHF rockets as euro breaks below 1.3320

FXstreet.com (San Francisco) – The US Dollar is currently rallying against the Swiss Franc as more winds of war are hurting global sentiment.

The USD/CHF joined its negative correlation with the EUR/USD and as it broken down the 1.3320 support, the USD/CHF jumped to intra-day highs around 0.9235.

USD/CHF bias sentiment

Currently, the USD/CHF is trading at 0.9230, 0.57% positive on the day. The Short term perspective is slightly bullish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as MACD, CCI and Momentum are pointing to the north while the Stochastic is bearish.

Above the 0.9235, next …read more