USDCHF Movement
For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CHF and closed at 0.9751.
In the Asian session, at GMT0300, the pair is trading at 0.9759, with the USD trading 0.08% higher from yesterday’s close.
The pair is expected to find support at 0.9708, and a fall through could take it to the next support level of 0.9657. The pair is expected to find its first resistance at 0.9817, and a rise through could take it to the next resistance level of 0.9876.
Amid no major economic event in Switzerland today, the Swiss Franc’s direction will be driven by global macroeconomics news.
The currency pair is trading below its 20 Hr moving average and showing convergence with its 50 Hr moving average.
