USDCHF Movement
For the 24 hours to 23:00 GMT, USD rose 0.08% against the CHF and closed at 0.8336.
In the US, the National Association of Realtors reported that its pending home sales index rose by 8.2% in May, the strongest monthly increase since November 2010, following a revised 11.3% drop recorded in the previous month.
In Switzerland, the KOF leading indicator decreased to 2.23 points in June from 2.30 points in May.
In the Asian session, at 3:00GMT, the pair is trading at 0.8311, 0.30% lower from yesterday’s close at 23:00 GMT.
The pair has its first short term resistance at 0.8354, followed by the next resistance at 0.8396. The first area of support is at 0.8283 level, with the subsequent support at 0.8254.
The currency pair is trading just below its 20 Hr and its 50 Hr moving averages.
