USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CHF and closed at 0.9901 on Friday.
In the Asian session, at GMT0400, the pair is trading at 0.9909, with the USD trading 0.08% higher against the CHF from Friday’s close.
The pair is expected to find support at 0.9877, and a fall through could take it to the next support level of 0.9844. The pair is expected to find its first resistance at 0.9930, and a rise through could take it to the next resistance level of 0.9950.
Moving forward, trades would await Switzerland’s unemployment rate for November, scheduled to release in a while.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
