For the 24 hours to 23:00 GMT, the USD declined 0.61% against the CHF and closed at 0.9462.
In the Asian session, at GMT0300, the pair is trading at 0.9482, with the USD trading 0.21% higher from yesterday’s close.
The pair is expected to find support at 0.9444, and a fall through could take it to the next support level of 0.9406. The pair is expected to find its first resistance at 0.9522, and a rise through could take it to the next resistance level of 0.9562.
In the absence of any key economic data from Switzerland later today and with US markets being closed for Independence day holiday, the general market tone is likely to govern the movement in the pair.
The currency pair is showing convergence with its 20 Hr moving average and is trading just below its 50 Hr moving average.