FXstreet.com (Barcelona) - The dollar has dropped almost 130 pips against the Swissy after the ECB released its decision to cut interest rates to 1.25%; USD/CHF has dropped from 1.1485 to test 1.1355 support level (Mar 31 low).

If the Dollar breaks below here, it will set a fresh intra-week low and advance on the path towards 1.1325 (Mar 24 and 25 high), and below here 1.1285 (Mar 26 high).

EUR/CHF has soared after the ECB release from levels around 1.5200 to reach 1.5260 on its way towards next resistance level at 1.5300 (Mar 26 and 27 high).