USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CHF and closed at 0.9433.
In the Asian session, at GMT0400, the pair is trading at 0.9431, with the USD trading a tad lower against the CHF from yesterday’s close.
The pair is expected to find support at 0.9378, and a fall through could take it to the next support level of 0.9326. The pair is expected to find its first resistance at 0.9463, and a rise through could take it to the next resistance level of 0.9496.
Moving ahead, investors would focus on Switzerland’s unemployment rate data for February, scheduled to release in a while.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
