The 瑞士央行降息25个基点, which was the "expected" move but not a certainty (68% probability). In response, 瑞士法郎走低，美元兑瑞士法郎上涨.

Technically, the 0.8758支持水平 (lows from this week and last) was briefly breached before the decision, with the pair hitting 0.8755, just 3 pips lower. However, sellers failed to generate further downside momentum, which may have contributed to the subsequent upside move.

Following the rate cut, 美元兑瑞士法郎突破聚集在一起的关键移动平均线上方—the 100-小时MA（0.88036）、200小时MA（0.8810）和200天MA（0.88119）. After an initial pullback AFTER the break, buyers defended support at the 100-hour MA, leading to renewed upside momentum.

In early U.S. trading, the pair has extended to a 单日新高0.88358. Further upside could be seen if the cluster of MAs can continue to hold (risk level for buyers), would target the high from last week and the 38.2% retracement of the move down from the February 28 high. Those levels come in at 0.8862. Get above that level on opens door for further momentum toward the 0.8900 area.