USDCHF Movement
For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CHF and closed at 0.9876.
In the Asian session, at GMT0400, the pair is trading at 0.9849, with the USD trading 0.27% lower against the CHF from yesterday’s close.
The pair is expected to find support at 0.9815, and a fall through could take it to the next support level of 0.9781. The pair is expected to find its first resistance at 0.9909, and a rise through could take it to the next resistance level of 0.9969.
Going ahead, traders would await Switzerland’s KOF leading indicator for December, scheduled to release in a while.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
