USD/CHF flies to 1-year high at 0.9660

FXStreet (San Francisco) - The US dollar is rising across the board and versus the Swiss Franc there is not an exception as the USD/CHF climbed 80 pips post NFP data from 0.9775 area to trade at highest since October 2013 at 0.9660.

Currently, USD/CHF is trading at 0.9638, up 1.03% on the day, having posted a daily high at 0.9663 and low at 0.9531. USD/CHF spot is in extremely overbought territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish.

USD/CHF levels

If the USD/CHF manages to extends gains, the pair will face next resistance at 0.9700, 0.9740 and 0.9750. On the downside, 0.9600, 0.9580 and 0.9525 are supports.

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BoE expected to remain on hold in October - RBS

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