USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CHF and closed at 0.9953.
In the Asian session, at GMT0300, the pair is trading at 0.9947, with the USD trading 0.06% lower against the CHF from yesterday’s close.
The pair is expected to find support at 0.9914, and a fall through could take it to the next support level of 0.9882. The pair is expected to find its first resistance at 0.9968, and a rise through could take it to the next resistance level of 0.9990.
Moving forward, traders would closely monitor Switzerland trade balance data for September, set to release in a while.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
