USDCHF Movement
For the 24 hours to 23:00 GMT, the USD declined 0.78% against the CHF and closed at 0.9360.
In the Asian session, at GMT0400, the pair is trading at 0.9377, with the USD trading 0.18% higher against the CHF from yesterday’s close.
The pair is expected to find support at 0.9327, and a fall through could take it to the next support level of 0.9278. The pair is expected to find its first resistance at 0.9448, and a rise through could take it to the next resistance level of 0.9520.
Moving ahead, traders would focus on Switzerland’s unemployment rate data for January, slated to release in a while.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
