USD/CHF: Greenback continues its downfall against the Swiss Franc in the Asian session

USD CHF

USDCHF Movement

For the 24 hours to 23:00 GMT, USD declined 0.31% against the CHF and closed at 0.9164.

In the Asian session, at GMT0400, the pair is trading at 0.9146, with the USD trading 0.19% lower from yesterday’s close.

The pair is expected to find support at 0.9118, and a fall through could take it to the next support level of 0.9090. The pair is expected to find its first resistance at 0.9197, and a rise through could take it to the next resistance level of 0.9247.

Trading trends in the pair today are expected to be determined by the release of producer & import prices in Switzerland.

The currency pair is trading below its 20 Hr and 50 Hr moving averages.

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