USD/CHF: US Dollar gaining strength this morning against the Swiss Franc

USD CHF

USDCHF Movement

For the 24 hours to 23:00 GMT, USD declined 0.38% against the CHF and closed at 0.9739.

In the Asian session, at GMT0300, the pair is trading at 0.9728, with the USD trading 0.11% lower from yesterday’s close.

The pair is expected to find support at 0.9694, and a fall through could take it to the next support level of 0.9660. The pair is expected to find its first resistance at 0.9774, and a rise through could take it to the next resistance level of 0.9820.

Investor eyeing producer & import prices data in Switzerland, later in a day.

The currency pair is trading below its 20 Hr and 50 Hr moving averages.

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