USDCHF Movement
For the 24 hours to 23:00 GMT, USD rose 0.13% against the CHF and closed at 0.9213. The Swiss Franc fell after an official data indicated a decline in economic expectations for Switzerland in November.
In Switzerland, the ZEW Economic Expectations Index declined to -64.3 in November, compared to -54.4 in the previous month.
In the Asian session, at GMT0400, the pair is trading at 0.9189, with the USD trading 0.26% lower from yesterday’s close.
The pair is expected to find support at 0.9148, and a fall through could take it to the next support level of 0.9108. The pair is expected to find its first resistance at 0.9233, and a rise through could take it to the next resistance level of 0.9278.
The currency pair is showing convergence with its 20 Hr and 50 Hr moving averages.
