USDCHF Movement
For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CHF and closed at 1.0031.
In the Asian session, at GMT0400, the pair is trading at 1.0043, with the USD trading 0.12% higher against the CHF from yesterday’s close.
The pair is expected to find support at 1.0018, and a fall through could take it to the next support level of 0.9994. The pair is expected to find its first resistance at 1.0076, and a rise through could take it to the next resistance level of 1.011.
Looking ahead, traders would await Switzerland’s producer and import prices for February, scheduled to release in a while.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
