USD/CHF: Swiss Franc reverses its losses in the Asian session

USDCHF

USDCHF Movement

For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 1.0061.

In the Asian session, at GMT0400, the pair is trading at 1.0056, with the USD trading 0.05% lower against the CHF from yesterday’s close.

The pair is expected to find support at 1.0033, and a fall through could take it to the next support level of 1.0010. The pair is expected to find its first resistance at 1.0086, and a rise through could take it to the next resistance level of 1.0116.

The currency pair is trading in between its 20 Hr and 50 Hr moving averages.

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