USDCHF Movement
For the 24 hours to 23:00 GMT, USD rose 0.20% against the CHF on Friday and closed at 0.9186.
The Swiss Real Estate Bubble Index advanced to 0.80 in the fourth quarter, compared to 0.58 in the previous quarter.
In the Asian session, at GMT0400, the pair is trading at 0.9218, with the USD trading 0.34% higher from Friday’s close.
The pair is expected to find support at 0.9152, and a fall through could take it to the next support level of 0.9087. The pair is expected to find its first resistance at 0.9259, and a rise through could take it to the next resistance level of 0.9300.
The Switzerland economic calendar being almost empty today, the CHF is expected to ride on other market cues.
The currency pair is trading above its 20 Hr and its 50 Hr moving averages.
