USD/CHF: Swiss Franc trading on a negative footing this morning

USDCHF

USDCHF Movement

For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 0.9846 on Friday.

In the Asian session, at GMT0300, the pair is trading at 0.9856, with the USD trading 0.10% higher against the CHF from Friday’s close.

The pair is expected to find support at 0.9835, and a fall through could take it to the next support level of 0.9813. The pair is expected to find its first resistance at 0.9885, and a rise through could take it to the next resistance level of 0.9913.

The currency pair is trading below its 20 Hr and 50 Hr moving averages.

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