USDCHF Movement
For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CHF and closed at 0.9715.
In the Asian session, at GMT0300, the pair is trading at 0.9696, with the USD trading 0.20% lower against the CHF from yesterday’s close.
The pair is expected to find support at 0.9675, and a fall through could take it to the next support level of 0.9655. The pair is expected to find its first resistance at 0.9735, and a rise through could take it to the next resistance level of 0.9775.
Going ahead, investors’ will keep an eye on Switzerland’s 2Q GDP figures, slated to release in a while.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
