USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.9736.
In the Asian session, at GMT0400, the pair is trading at 0.9743, with the USD trading 0.07% higher against the CHF from yesterday’s close.
The pair is expected to find support at 0.9707, and a fall through could take it to the next support level of 0.9671. The pair is expected to find its first resistance at 0.9761, and a rise through could take it to the next resistance level of 0.9779.
Moving ahead, investors would closely monitor Switzerland’s real retail sales for November, scheduled to release in a while.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
