The USDCHF pair has rebounded after a brief dip to 8755, marking a one-week low during the early European trading session on Thursday. Following the Swiss National Bank’s (SNB) recent policy decision to cut rates, the pair has spiked back above the 08800 mark within the hour. However, traders might wait for a sustained move beyond the critical 200-day Simple Moving Average (SMA) before making fresh bets. The ongoing market reactions to SNB decisions will provide key insights into future movements in this currency pair.