USDCHF Movement
For the 24 hours to 23:00 GMT, USD declined 0.34% against the CHF and closed at 0.9118.
Swiss Franc advanced after the Consumer Confidence Index in Switzerland rose to level of -19.0 in January, compared to a level of -24.0 posted in October.
In the Asian session, at GMT0400, the pair is trading at 0.9127, with the USD trading 0.10% higher from yesterday’s close.
The pair is expected to find support at 0.9096, and a fall through could take it to the next support level of 0.9065. The pair is expected to find its first resistance at 0.9151, and a rise through could take it to the next resistance level of 0.9174.
Trading trends in the pair today are expected to be determined by consumer price index data in Switzerland.
The currency pair is trading just above its 20 Hr and showing convergence with its 50 Hr moving average.
