USDCHF Movement
For the 24 hours to 23:00 GMT, the USD declined 0.05% against the CHF and closed at 0.9770.
In the Asian session, at GMT0300, the pair is trading at 0.9755, with the USD trading 0.15% lower against the CHF from yesterday’s close.
The pair is expected to find support at 0.9735, and a fall through could take it to the next support level of 0.9714. The pair is expected to find its first resistance at 0.9795, and a rise through could take it to the next resistance level of 0.9834.
Moving ahead, investors would closely monitor Switzerland’s KOF leading indicator for June, slated to release in a while.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
