FXstreet.com (CÃ³rdoba) - Greenback rose sharply against the Swiss Franc on Wednesday. USD/CHF broke above 1.0620 to 1.0711 posting a fresh one-week high. The pair failed to hold above 1.0700 and fell finding support at 1.0675. Above 1.0711 the next resistance lies at 1.0725 and above at 1.0780. On the downside, support lies at 1.0650 and below at 1.0625.
The Swiss also plunged against the Euro. EUR/CHF rose reaching at 1.5235 the highest price since august 17. The pair is holding above 1.5210.