USDCHF Movement
For the 24 hours to 23:00 GMT on Friday, USD declined 0.86% against the CHF and closed at 0.9272.
In economic news, industrial production in the US fell 1.2% (MoM) in August, marking the steepest decline since March 2009 and compared to a 0.60% rise in July.
In the Asian session, at GMT0300, the pair is trading at 0.9261, with the USD trading 0.12% lower from Friday’s close.
The pair is expected to find support at 0.9217, and a fall through could take it to the next support level of 0.9172. The pair is expected to find its first resistance at 0.9328, and a rise through could take it to the next resistance level of 0.9394.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
