USDCHF Movement
For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 0.9915.
In the Asian session, at GMT0300, the pair is trading at 0.9926, with the USD trading 0.11% higher against the CHF from yesterday’s close.
The pair is expected to find support at 0.9901, and a fall through could take it to the next support level of 0.9875. The pair is expected to find its first resistance at 0.9943, and a rise through could take it to the next resistance level of 0.9959.
Looking ahead, investors would await Switzerland’s consumer price index for September, due to be released in a while.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
