FXstreet.com (Barcelona) - After rising around 125 pips in the early Asian session from 1.0250 to trade at 1-week high at 1.0375, USD/CHF has slid to test 1.0320 during the European session. Currently the pair is trading around 1.0320/30, 0.60% above today's opening price action at 1.0267.

The AceTrader team comments: Despite dlr's brief rise to 1.0343, subsequent retreat suggests an intra-day top has possibly been made n consolidation with downside bias wud be seen for weakness to 1.0266 but break needed to confirm correction fm 1.0170 is over, yield fall to 1.0244.