USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 1.15% against the CHF and closed at 0.9842.
In the Asian session, at GMT0400, the pair is trading at 0.9833, with the USD trading 0.09% lower against the CHF from yesterday’s close.
The pair is expected to find support at 0.9750, and a fall through could take it to the next support level of 0.9666. The pair is expected to find its first resistance at 0.9883, and a rise through could take it to the next resistance level of 0.9932.
Moving ahead, traders would await Switzerland’s producer & import prices, due to release next week.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
