USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CHF and closed at 0.9717.
In the Asian session, at GMT0300, the pair is trading at 0.9724, with the USD trading 0.07% higher against the CHF from yesterday’s close.
The pair is expected to find support at 0.9685, and a fall through could take it to the next support level of 0.9645. The pair is expected to find its first resistance at 0.9748, and a rise through could take it to the next resistance level of 0.9771.
Looking forward, investors would keep an eye on Switzerland’s ZEW expectations survey for April, slated to release in a few hours.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
