USDCHF Movement
For the 24 hours to 23:00 GMT, USD rose 0.20% against the CHF and closed at 0.9530.
In the US, factory orders rose more-than-expected by 0.7% (MoM) in May, against the market expectation of a 0.1% rise.
In the Asian session, at GMT0300, the pair is trading at 0.9541, with the USD trading 0.12% higher from yesterday’s close.
The pair is expected to find support at 0.9515, and a fall through could take it to the next support level of 0.9488. The pair is expected to find its first resistance at 0.9566, and a rise through could take it to the next resistance level of 0.9590.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
