USD/CHF rises to fresh intra-day highs at 0.9390

FXstreet.com (San Francisco) - After rising around 40 pips in the latest few hours from 0.9340, the USD/CHF has finally reached fresh intra-day high at 0.9390, where the pair has found some resistance and it has begun to slide in consolidation mode.

Currently the USD/CHF is trading at 0.9377, 0.31% 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 0.9390, next resistances are at 0.9405, 0.9415 and 0.9440. On the downside, supports are at 0.9350, 0.9340 and 0.9320.