USD/CHF: Swiss Franc trading higher in the Asian session

USDCHF

USDCHF Movement

On Friday, the USD rose 0.23% against the CHF and closed at 0.9622, after the US manufacturing PMI data advanced in July.

In the Asian session, at GMT0300, the pair is trading at 0.9604, with the USD trading 0.19% lower from Friday’s close.

The pair is expected to find support at 0.9572, and a fall through could take it to the next support level of 0.954. The pair is expected to find its first resistance at 0.9637, and a rise through could take it to the next resistance level of 0.9671.

The currency pair is trading between its 20 Hr and 50 Hr moving averages.

This entry was posted in USD/CHF. Bookmark the permalink.

Comments are closed.