USD/CHF: Swiss consumer price data awaited today

USD CHF

USDCHF Movement

For the 24 hours to 23:00 GMT, USD rose 0.53% against the CHF and closed at 0.9157.

In the Asian session, at GMT0300, the pair is trading at 0.9146, with the USD trading 0.12% lower from yesterday’s close.

The pair is expected to find support at 0.9113, and a fall through could take it to the next support level of 0.908. The pair is expected to find its first resistance at 0.9181, and a rise through could take it to the next resistance level of 0.9216.

Swiss Franc is likely to receive increased market attention, with Consumer Price Index data due to be released later today.

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

 

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