USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.9270.
In the Asian session, at GMT0300, the pair is trading at 0.9275, with the USD trading slightly higher from yesterday’s close.
The pair is expected to find support at 0.9248, and a fall through could take it to the next support level of 0.9220. The pair is expected to find its first resistance at 0.9292, and a rise through could take it to the next resistance level of 0.9308.
Traders are expected to keep a close watch on global economic news for further direction, amid lack of economic releases in Switzerland.
The currency pair is trading between its 20 Hr and 50 Hr moving averages.
