USDCHF Movement
For the 24 hours to 23:00 GMT, USD rose 0.26% against the CHF, on Friday, and closed at 0.8436.
In the US, the import price index, on a monthly basis, rose by 0.2% in May, the eighth consecutive monthly gain, and following a revised 2.1% increase recorded in April.
The Federal Reserve stated that it would expand a capital-planning program to the 35 largest US banks to ensure that it would have an adequate buffer in an economic crisis.
In the Asian session, at 3:00GMT, the pair is trading at 0.8451, 0.18% higher from Friday’s close at 23:00 GMT.
The pair has its first short term resistance at 0.8473, followed by the next resistance at 0.8495. The first area of support is at 0.8410 levels, with the subsequent support at 0.8369.
The currency pair is trading just above its 20 Hr and its 50 Hr moving averages.
