USDCHF Movement
For the 24 hours to 23:00 GMT, USD rose 0.88% against the CHF and closed at 0.8173.
In the US, the housing market index rose to a reading of 15.0 in July, following a reading of 13.0 posted in June.
In the Asian session, at 3:00GMT, the pair is trading at 0.8166, 0.09% lower from yesterday’s close at 23:00 GMT.
The pair has its first short term resistance at 0.8202, followed by the next resistance at 0.8238. The first area of support is at 0.8122 level, with the subsequent support at 0.8078.
The currency pair is showing convergence with its 20 Hr moving average and its 50 Hr moving average.
