USDCHF Movement
For the 24 hours to 23:00 GMT, USD declined marginally against the CHF and closed at 0.9192.
In the Asian session, at GMT0400, the pair is trading at 0.9209, with the USD trading 0.18% higher from yesterday’s close.
The pair is expected to find support at 0.9171, and a fall through could take it to the next support level of 0.9133. The pair is expected to find its first resistance at 0.9255, and a rise through could take it to the next resistance level of 0.9301.
The Switzerland economic calendar being almost empty today, the CHF is expected to ride on other market cues.
The currency pair is converging with its 20 Hr and 50 Hr moving averages.
