USD/CHF above parity for the first time since 2010

FXStreet (Córdoba) - A strong US dollar pushed USD/CHF above 1.0000 for the first time since November 2010. The pair peaked at 1.0011 and then pulled back modestly, finding support at 0.9985.

Currently it is trading slightly below the highs, consolidating a daily gain of more than 60 pips. Greenback is headed toward the third weekly row with gains versus the Swiss franc.

USD/CHF short term technical levels

To the downside immediate support lies at 0.9985 (intraday), 0.9955 and 0.9920 (Dec 30 high). To the upside, resistance could be located at 1.1015, 1.1040 and 1.1065 (Dec 2010 high).