USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.9717.
In the Asian session, at GMT0300, the pair is trading at 0.9709, with the USD trading 0.08% lower against the CHF from yesterday’s close.
The pair is expected to find support at 0.9657, and a fall through could take it to the next support level of 0.9605. The pair is expected to find its first resistance at 0.9750, and a rise through could take it to the next resistance level of 0.9791.
Going ahead, investors will look forward to Switzerland’s unemployment rate data for August, scheduled to release in a few hours.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
