USDCHF Movement
On Friday, the USD rose 0.47% against the CHF and closed at 0.9842, extending its previous session gains.
In the Asian session, at GMT0400, the pair is trading at 0.9825, with the USD trading 0.18% lower from Friday’s close.
The pair is expected to find support at 0.9790, and a fall through could take it to the next support level of 0.9756. The pair is expected to find its first resistance at 0.9854, and a rise through could take it to the next resistance level of 0.9883.
The currency pair is showing convergence with its 20 Hr moving average and trading above its 50 Hr moving average.
