Swiss consumer price data awaited today

USD CHF

USDCHF Movement

For the 24 hours to 23:00 GMT, USD declined 0.56% against the CHF and closed at 0.9579.

In the Asian session, at 4:00GMT, the pair is trading at 0.9594, 0.16% higher from the New York session close.

The pair has its first short term resistance at 0.9654, followed by the next resistance at 0.9715. The first area of support is at 0.9541 levels, with the subsequent support at 0.9489.

Trading trends in the pair today are expected to be determined by release of consumer price index and SECO consumer climate in Switzerland.

The pair is showing convergence of its 20 Hr and 50 Hr moving averages.

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