FXstreet.com (San Francisco) - The USD is rocketing against the Swiss Franc after the Ben Bernanke speech with the pair jumping from 0.9775 to break above 0.9800 and reach fresh highs close to 0.9840.

Bernanke speech hasn't provide specifics measures and market has reacted initially with risk off ans seeking for safe haven like US Dollar.

Currently the pair is pricing at 0.9838, 0.54% above today's opening price action. Pair looks "Strongly Bullish" and "Extremely Oversold" according to the FXstreet.com technical studies in its 15-minute time frame.