USD/CHF holds above 0.8800

FXStreet (Córdoba) - The USD/CHF fell slightly on Friday and finished the week hovering around 0.8820, trading within a small trading range with support above 0.8810 and resistance at 0.8840.

USD/CHF first weekly gain in two months

During the week the Swiss Franc was among the worst performers across the board. The USD/CHF posted a weekly gains after falling in the previous six and erased March losses.

The pair peaked after the FOMC statement at 0.8869 after jumping more than 130 pips in less than 24 hours, reached levels not seen in 2-week high. Then pulled back, approaching 0.8800.