USD/CHF: Pair trading between its MA’s

USD CHF

USDCHF Movement

For the 24 hours to 23:00 GMT, USD declined 0.10% against the CHF and closed at 0.8362.

In the Asian session, at 3:00GMT, the pair is trading at 0.8368, 0.07% higher from yesterday’s close at 23:00 GMT.

The pair has its first short term resistance at 0.8394, followed by the next resistance at 0.8419. The first area of support is at 0.8337 level, with the subsequent support at 0.8305.

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

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