USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.78% against the CHF and closed at 1.0153.
In the Asian session, at GMT0400, the pair is trading at 1.0141, with the USD trading 0.12% lower from Friday’s close.
The pair is expected to find support at 1.0082, and a fall through could take it to the next support level of 1.0024. The pair is expected to find its first resistance at 1.0192, and a rise through could take it to the next resistance level of 1.0243.
Moving ahead, investors will keep a close watch on Switzerland’s total sight deposits data, slated to release in a few hours.
The currency pair is showing convergence with its 20 Hr and trading above its 50 Hr moving average.
