USDCHF Movement
For the 24 hours to 23:00 GMT, USD declined 0.55% against the CHF and closed at 0.9151.
In Switzerland, producer and import prices rose 0.3% (MoM) in March, compared to a 0.8% rise in February. Market had expected 0.5% increase in March.
In the Asian session, at GMT0300, the pair is trading at 0.9163, with the USD trading 0.13% higher from yesterday’s close.
The pair is expected to find support at 0.9118, and a fall through could take it to the next support level of 0.9074. The pair is expected to find its first resistance at 0.9230, and a rise through could take it to the next resistance level of 0.9296.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
