USDCHF Movement
For the 24 hours to 23:00 GMT, USD rose 0.93% against the CHF and closed at 0.9321.
In Switzerland, retail sales fell by 2.6% (M-o-M) in January, compared to drop by 0.8% in December.
In the Asian session, at 4:00GMT, the pair is trading at 0.9322, 0.01% higher from the New York session close.
The pair has its first short term resistance at 0.9357, followed by the next resistance at 0.9393. The first area of support is at 0.9260 levels, with the subsequent support at 0.9199.
The pair is expected to trade on the cues from the release of foreign currency reserves data in Switzerland.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
