USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CHF and closed at 1.0196.
In economic news, Switzerland’s ZEW expectations index fell to a level of 0.0 in November, from a reading of 18.3 in the previous month.
In the Asian session, at GMT0400, the pair is trading at 1.016, with the USD trading 0.35% lower from yesterday’s close.
The pair is expected to find support at 1.0117, and a fall through could take it to the next support level of 1.0074. The pair is expected to find its first resistance at 1.0212, and a rise through could take it to the next resistance level of 1.0265.
Moving ahead, investors will look forward to Switzerland’s trade balance data for October, scheduled to be released in a few hours.
The currency pair is trading between its 20 Hr and 50 Hr moving averages.
