USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.69% against the CHF and closed at 0.9975.
In the Asian session, at GMT0400, the pair is trading at 0.9975, with the USD trading marginally lower from Friday’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 0.9826. The pair is expected to find its first resistance at 1.002, and a rise through could take it to the next resistance level of 1.0064.
Going ahead, Switzerland’s KOF leading indicator data for February, slated to release in a few hours, will garner a lot of market attention.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
