USDCHF Movement
For the 24 hours to 23:00 GMT, USD rose 0.46% against the CHF and closed at 0.7930.
In Switzerland, the trade surplus rose to CHF 2.82 billion in July, compared to a trade surplus of CHF 1.77 billion recorded in the previous month.
In the Asian session, at 3:00GMT, the pair is trading at 0.7937, 0.09% higher from yesterday’s close at 23:00 GMT.
The pair has its first short term resistance at 0.7971, followed by the next resistance at 0.8004. The first area of support is at 0.7877 level, with the subsequent support at 0.7816.
The currency pair is trading above its 20 Hr and its 50 Hr moving averages.
