USDCHF Movement
For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 1.0140.
In the Asian session, at GMT0400, the pair is trading at 1.0148, with the USD trading 0.08% higher from yesterday’s close.
The pair is expected to find support at 1.0098, and a fall through could take it to the next support level of 1.0047. The pair is expected to find its first resistance at 1.0212, and a rise through could take it to the next resistance level of 1.0275.
Going ahead, investors will keep a close watch on Switzerland’s KOF leading indicators data, scheduled to be released in a few hours.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
