Forex: USD/CHF bounces at 0.9250 and trades back at 0.9280

FXstreet.com (San Francisco) - After falling around 65 pips from the intra-day high at 0.9310, the USD/CHF seems to have found support at the 0.9245 level, where the pair bounced to trade back to 0.9280.

Currently the pair is trading at 0.9275, still 0.18% negative on the day. The USD/CHF is trading slightly bullish according to the FXstreet.com trend index with indicators such as CCI and Momentum pointing north while the Stochastic and the MACD are neutral in the 15-minutes chart.

Below the 0.9250 level, next supports are at 0.9235 and 0.9205. On the upside, resistances are at 0.9280, 0.9310 and 0.9330.