USDCHF Movement
For the 24 hours to 23:00 GMT, USD declined 0.35% against the CHF and closed at 0.8926.
In Switzerland, the ZEW economic sentiment index rose by 22.3 points to post a reading of 8.8 in April, the first positive reading since August 2010.
In the Asian session, at 3:00GMT, the pair is trading at 0.8931, 0.06% higher from the New York session close.
The pair has its first short term resistance at 0.8968, followed by the next resistance at 0.9006. The first area of support is at 0.8893 levels, with the subsequent support at 0.8856.
With no major release from Switzerland, the pair is expected to trade on trends in the greenback.
The currency pair is showing convergence with its 20 Hr and 50 Hr moving averages.
