USDCHF Movement
For the 24 hours to 23:00 GMT, USD declined 0.46% against the CHF and closed at 0.8449, as a delay by euro zone finance ministers on a final decision over emergency loans for Greece bolstered safe haven demand.
In the Asian session, at 3:00GMT, the pair is trading at 0.8433, 0.19% lower from yesterday’s close at 23:00 GMT.
The pair has its first short term resistance at 0.8498, followed by the next resistance at 0.8562. The first area of support is at 0.8388 level, with the subsequent support at 0.8342.
The currency pair is trading just below its 20 Hr moving average and its 50 Hr moving average.
