USDCHF Movement
For the 24 hours to 23:00 GMT, USD rose 1.07% against the CHF and closed at 0.9087. The Swiss franc weakened versus the dollar as producer and import prices in Switzerland fell for a sixth month in October.
In Switzerland, the Producer & Import Price Index, on an annual basis, declined 1.8% in October.
In the Asian session, at GMT0400, the pair is trading at 0.9108, with the USD trading 0.23% higher from yesterday’s close.
The pair is expected to find support at 0.9010, and a fall through could take it to the next support level of 0.8911. The pair is expected to find its first resistance at 0.9159, and a rise through could take it to the next resistance level of 0.9209.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
