USDCHF Movement
For the 24 hours to 23:00 GMT, USD rose 0.03% against the CHF and closed at 0.9548.
In the Asian session, at 4:00GMT, the pair is trading at 0.9544, 0.04% lower from the New York session close.
The pair has its first short term resistance at 0.9587, followed by the next resistance at 0.9631. The first area of support is at 0.9514 levels, with the subsequent support at 0.9485.
The pair showed convergence of the price and its 20Hr moving average, but is trading slightly below the 50 Hr moving average.
Trading trends in the pair today are expected to be determined by the release of Switzerland’s unemployment rate.
