USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CHF and closed at 0.9514.
In the Asian session, at GMT0300, the pair is trading at 0.9504, with the USD trading 0.11% lower from yesterday’s close.
The pair is expected to find support at 0.9457, and a fall through could take it to the next support level of 0.9409. The pair is expected to find its first resistance at 0.9541, and a rise through could take it to the next resistance level of 0.9577.
In the absence of major domestic economic releases today, investors shall keep a tab on the US jobs data due later today.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
