USDCHF Movement
For the 24 hours to 23:00 GMT on Friday, USD declined 0.18% against the CHF and closed at 0.9762.
The Swiss Franc rose after the KOF economic barometer index rose more-than-expected to a reading of 1.43 in July, from 1.15 in June.
In the Asian session, at GMT0300, the pair is trading at 0.9774, with the USD trading 0.12% higher from Friday’s close.
The pair is expected to find support at 0.9710, and a fall through could take it to the next support level of 0.9645. The pair is expected to find its first resistance at 0.9824, and a rise through could take it to the next resistance level of 0.9873.
The currency pair is trading between its 20 Hr and 50 Hr moving averages.
