USDCHF Movement
For the 24 hours to 23:00 GMT, USD declined 0.20% against the CHF and closed at 0.8406.
In Switzerland the economic expectations declined to -24.3 points in June, from -11.5 points recorded in May.
In the Asian session, at 3:00GMT, the pair is trading at 0.8425, 0.23% higher from yesterday’s close at 23:00 GMT.
The pair has its first short term resistance at 0.8463, followed by the next resistance at 0.8500. The first area of support is at 0.8364 level, with the subsequent support at 0.8302.
Trading trends in the pair today are expected to be determined by data release on trade balance in Switzerland.
The currency pair is trading just above its 20 Hr moving average and its 50 Hr moving average.
