USDCHF Movement
For the 24 hours to 23:00 GMT on Friday, the USD rose marginally against the CHF and closed at 0.9329.
In Switzerland, the M3 money supply rose 8.5% (YoY) in September, compared to a 9.5% rise in August.
In the Asian session, at GMT0300, the pair is trading at 0.9351, with the USD trading 0.24% higher from Friday’s close.
The pair is expected to find support at 0.9304, and a fall through could take it to the next support level of 0.9256. The pair is expected to find its first resistance at 0.9380, and a rise through could take it to the next resistance level of 0.9408.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
