USDCHF Movement
For the 24 hours to 23:00 GMT, USD declined 0.72% against the CHF and closed at 0.9494.
In the Asian session, at GMT0400, the pair is trading at 0.9464, with the USD trading 0.32% lower from yesterday’s close.
The pair is expected to find support at 0.9433, and a fall through could take it to the next support level of 0.9402. The pair is expected to find its first resistance at 0.9510, and a rise through could take it to the next resistance level of 0.9556.
CHF is likely to receive increased market attention, with ZEW Survey – Expectations data due to be released later today.
The currency pair is trading below its 20 Hr and its 50 Hr moving averages.
