USDCHF Movement
For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 0.9968 on Friday.
In the Asian session, at GMT0400, the pair is trading at 0.9978, with the USD trading 0.10% higher against the CHF from Friday’s close.
The pair is expected to find support at 0.9952, and a fall through could take it to the next support level of 0.9927. The pair is expected to find its first resistance at 1.0015, and a rise through could take it to the next resistance level of 1.0053.
Going forward, investors would keep an eye on Switzerland’s total sight deposits, due to be released in a while.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
