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

USDCHF

USDCHF Movement

For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 1.0023 on Friday.

In the Asian session, at GMT0400, the pair is trading at 1.0017, with the USD trading 0.06% lower against the CHF from Friday’s close.

The pair is expected to find support at 1.0001, and a fall through could take it to the next support level of 0.9985. The pair is expected to find its first resistance at 1.0043, and a rise through could take it to the next resistance level of 1.0069.

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

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