USDCHF Movement
For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CHF and closed at 0.9263.
In Switzerland, money supply M3 rose 9.9% (YoY) in September, compared to an 8.3% rise in the previous month.
With no major releases in Switzerland, investors eye the Federal Reserve’s two-day policy meeting that opens today.
In the Asian session, at GMT0300, the pair is trading at 0.9277, with the USD trading 0.14% higher from yesterday’s close.
The pair is expected to find support at 0.9254, and a fall through could take it to the next support level of 0.9232. The pair is expected to find its first resistance at 0.9294, and a rise through could take it to the next resistance level of 0.9311.
The currency pair is trading just above its 20 Hr and 50 Hr moving averages.
