USDCHF Movement
For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.9719.
Data showed that Switzerland’s total sight deposits rose to a level of CHF578.9 billion for the week ended 21 June 2019, compared to a level of CHF578.5 billion in the previous week.
In the Asian session, at GMT0300, the pair is trading at 0.9711, with the USD trading 0.08% lower against the CHF from yesterday’s close.
The pair is expected to find support at 0.9686, and a fall through could take it to the next support level of 0.9662. The pair is expected to find its first resistance at 0.9759, and a rise through could take it to the next resistance level of 0.9808.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
