USDCHF Movement
For the 24 hours to 23:00 GMT, USD rose 0.48% against the CHF and closed at 0.9010.
In the US, for the week ending September 23, the mortgage applications rose 9.3%, following a 0.6% rise in the previous week.
In the Asian session, at 3:00GMT, the USD is trading at 0.8988, 0.24% lower versus Swiss Franc, from yesterday’s close at 23:00 GMT.
The pair has its first short term resistance at 0.9031, followed by the next resistance at 0.9075. The first area of support is at 0.8935 level, with the subsequent support at 0.8883.
The currency pair is showing convergence with its 20 Hr and 50 Hr moving averages.
