USDCHF Movement
For the 24 hours to 23:00 GMT, USD rose 0.23% against the CHF and closed at 0.9168.
Swiss Franc came under pressure, after the trade surplus in Switzerland narrowed to CHF2.07 billion in December, compared to a downwardly revised surplus of CHF2.95 billion recorded in November.
In the Asian session, at GMT0400, the pair is trading at 0.9181, with the USD trading 0.14% higher from yesterday’s close.
The pair is expected to find support at 0.9141, and a fall through could take it to the next support level of 0.9102. The pair is expected to find its first resistance at 0.9214, and a rise through could take it to the next resistance level of 0.9247.
The currency pair is trading just above its 20 Hr and 50 Hr moving averages.
