USDCHF Movement
For the 24 hours to 23:00 GMT, USD declined 0.92% against the CHF and closed at 0.9384.
In the Asian session, at 4:00GMT, the pair is trading at 0.9370, 0.15% lower from the New York session close.
The Swiss UBS consumption indicator dropped to 1.68 in January after a more optimistic result of 1.84 in December. Additionally, trade balance showed a surplus at CHF 1.96 billion in January from CHF 1.30 million in December.
The pair has its first short term resistance at 0.9463, followed by the next resistance at 0.9556. The first area of support is at 0.9320 levels, with the subsequent support at 0.9270.
Trading trends in the pair today are expected to be determined by data release on producer and import prices in Switzerland.
The currency pair is trading below it 20 Hr and 50 Hr moving averages.
