Zooms ahead

USD CHF

USDCHF Movement

For the 24 hours to 23:00 GMT, USD rose 0.89% against the CHF and closed at 0.9633.

In Switzerland, the seasonally adjusted jobless rate remained unchanged at 3.5% in January, compared to the previous month. Additionally, the unadjusted unemployment rate in Switzerland stood at 3.8% in January.

In the Asian session, at 4:00GMT, the pair is trading at 0.9636, 0.03% higher from the New York session close.

The pair has its first short term resistance at 0.9685, followed by the next resistance at 0.9733. The first area of support is at 0.9558 levels, with the subsequent support at 0.9479.

The pair traded slightly below 50 Hr moving average, but well below 20 Hr moving average.

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