USDCHF Movement
For the 24 hours to 23:00 GMT, the USD declined 0.97% against the CHF and closed at 0.9230.
In the US, capacity utilization rose to 78.3% in September, from a revised 78.0% in August.
In the Asian session, at GMT0300, the pair is trading at 0.9236, with the USD trading 0.07% higher from yesterday’s close.
The pair is expected to find support at 0.9191, and a fall through could take it to the next support level of 0.9147. The pair is expected to find its first resistance at 0.9305, and a rise through could take it to the next resistance level of 0.9374.
Trading trends in the pair today are expected to be determined by the release of the ZEW survey – expectations data in Switzerland.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
