USDCHF Movement
For the 24 hours to 23:00 GMT, USD declined 0.77% against the CHF and closed at 0.9263.
In Switzerland, employment level increased to 4.085 million in Q4, an increase by 1.2% (Y-o-Y).
In the Asian session, at 4:00GMT, the pair is trading at 0.9253, 0.11% lower from the New York session close.
The pair has its first short term resistance at 0.9296, followed by the next resistance at 0.9340. The first area of support is at 0.9219 levels, with the subsequent support at 0.9186.
Trading trends in the pair today are expected to be determined by data release on KOF leading indicator in Switzerland.
The currency pair is showing convergence with its 20Hr moving average and is trading below its 50Hr moving average.
