USDCHF Movement
For the 24 hours to 23:00 GMT, USD rose 0.33% against the CHF, on Friday, and closed at 0.8200.
Swiss franc declined against its major counterparts as investors’ sold lower yielding franc, after the Euro zone leaders reached a consensus on addressing the Greece debt problem.
In the Asian session, at 3:00GMT, the pair is trading at 0.8129, 0.87% lower from Friday’s close at 23:00 GMT.
The pair has its first short term resistance at 0.8214, followed by the next resistance at 0.8299. The first area of support is at 0.8081 level, with the subsequent support at 0.8033.
The currency pair is trading below its 20 Hr and its 50 Hr moving averages.
