USDCHF Movement
For the 24 hours to 23:00 GMT, USD declined 0.06% against the CHF and closed at 0.8358.
In Switzerland, the unemployment rate, on a seasonally adjusted basis, declined to 3.0% in May, compared to an unemployment rate of 3.1% recorded in April.
In the Asian session, at 3:00GMT, the pair is trading at 0.8360, 0.02% higher from yesterday’s close at 23:00 GMT.
The pair has its first short term resistance at 0.8380, followed by the next resistance at 0.8400. The first area of support is at 0.8341 levels, with the subsequent support at 0.8322.
The currency pair is showing convergence with its 20 Hr and its 50 Hr moving averages.
