FXstreet.com (Córdoba) - The Dollar is rising for the third consecutive day against the Swiss Franc and currently trades at the highest level in a month. USD/CHF peaked earlier at 1.0265 reaching the highest price in 5 weeks. The pair then pulled back finding support at 1.0225. Currently trades at 1.0247/52, 0.49% above today's opening price.
Valeria Bednarik, Fxstreet.com collaborator, affirms: Pair keeps pushing higher, still unable to clearly overcome the 1.0240 resistance area. Losing momentum in the hourly chart, corrective movements should remain above 1.0200 to keep current bullish trend alive, while a confirmation above today's high likely trigger further rises for next sessions.