USD/CHF: The Swiss franc eased, drifting away from an over 1-week peak hit in the prior session, as the greenback surged after minutes from the Federal Reserve’s last meeting revived expectations for a possible U.S. rate hike this year. The major trades flat at 1.0013, having touched a low of 0.9981 on Wednesday; it’s lowest since February 11. On the higher side, near-term resistance is around 1.0054 (February 18 High) and any break above will take the pair to next level till 1.0111 (November 12 High). The near-term support is around 0.9961 (January 22 Low), and any close below that level will drag it till 0.9889 (December 7 Low).
USD/CHF 60m chart