USDCHF Movement
For the 24 hours to 23:00 GMT, USD declined 1.40% against the CHF, on Friday, and closed at 0.8814.
In Switzerland, the money supply rose 8.2% (Y-o-Y) in September, compared to a growth of 8.0% recorded in August.
In the Asian session, at GMT0300, the pair is trading at 0.8835, with the USD trading 0.24% higher from Friday’s close.
The pair is expected to find support at 0.8777, and a fall through could take it to the next support level of 0.8720. The pair is expected to find its first resistance at 0.8922, and a rise through could take it to the next resistance level of 0.9010.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
