USDCHF Movement
For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CHF and closed at 0.9862.
In the Asian session, at GMT0400, the pair is trading at 0.9844, with the USD trading 0.18% lower against the CHF from yesterday’s close.
The pair is expected to find support at 0.9815, and a fall through could take it to the next support level of 0.9786. The pair is expected to find its first resistance at 0.9901, and a rise through could take it to the next resistance level of 0.9958.
Moving ahead, investors would look forward to the Swiss National Bank’s (SNB) monetary policy meeting, scheduled in a few hours.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
