FXStreet (Córdoba) - USD/CHF resumed the rise and climbed to fresh 1-week highs on Thursday as the US dollar continued to strengthen as investors digest the Federal Reserve decision to raise interest rates for first time in nearly a decade. Following a setback toward 0.9810 in the minutes that followed the Fed announcement, USD/CHF turned higher and has risen more than 150 pips over the last sessions to peak at 0.9978 in recent dealings. At time of writing, the pair is trading at 0.9970, recording a 0.71% gain on Thursday. There is only second-tier data scheduled for the rest of the day. US will release jobless claims and the Philly Fed manufacturing index. USD/CHF levels to watch In terms of technical levels, immediate resistances could be found at 1.0030/35 (Dec 4 & 7 highs), 1.0052 (21-day SMA) and 1.1000 (psychological level). On the other hand, supports could be faced at 0.9815 (100-day SMA), 0.9785 (Dec 14 low) and then 0.9755 (Oct 26 low). ------- What will 2016 bring to the Forex traders? Attend our Forex Forecast 2016 - The Panel with Ashraf Laidi, Valeria Bednarik, Boris Schlossberg, Adam Button, Ivan Delgado and Dale Pinkert. Register for the live event on Dec. 18th and get the recording too. ------- For more information, read our latest forex news.