The USD/CHF currency pair has been showcasing a robust upward trajectory, currently gaining traction around the 0.8860 mark. This surge is partly attributed to the market’s anticipation of an upcoming speech by Federal Reserve Chairman, Jerome Powell. From a technical standpoint, the pair has broken through some critical resistance levels, signaling bullish momentum. If this upward trend persists, we might witness further ascension in the pair. However, Powell’s address could significantly sway this trend, so traders should remain vigilant.