FXstreet.com (Barcelona) - The USD/CHF is testing 1.0400 level after rising around 100 pips during the European session from MA55 level in hourly chart at 1.0310 to break 1.0350 and 1.0370 resistances and post 1.0403 as fresh highest level since September 15.

Currently the pair is trading around 1.0375/85, 0.55% above today's opening price at 1.0327.

The Swiss e Trade Strategy Team comments: The USD / CHF has once again regained the1.0300 handle and is trading currently at 1.0364. We see prices testing the important 1.0375 resistance level today and a break of this level could take prices to 1.0425.