USDCHF Movement
For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CHF and closed at 1.0187.
In the Asian session, at GMT0400, the pair is trading at 1.0193, with the USD trading a tad higher from yesterday’s close.
The pair is expected to find support at 1.0140, and a fall through could take it to the next support level of 1.0087. The pair is expected to find its first resistance at 1.0244, and a rise through could take it to the next resistance level of 1.0294.
Amid no economic releases in Switzerland today, market participants would keep a tab on Swiss real retail sales data, scheduled for tomorrow.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
