FXstreet.com (Barcelona) - After falling in the beginning of the American session from 1.1770 to the 1.1695 dynamical resistance, the USD/CHF has begun to rise in the last two hours taking the 1.1750 level and looking for the 1.1780 resistance.

Currently, the pair is moving around the 1.1740/50, if the uptrend is confirmed, the USD/CHF will try to break the 1,1780 resistance, then the 1,1830 as 2009 maximum.

On the down side, the USD/CHF will be back to the range of the last two weeks, breaking the 1.1700 support, the pair will be trading on 1.1500/1680.