USDCHF Movement
For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CHF and closed at 0.9757.
In economic news, Switzerland’s total sight deposits remained steady at a level of CHF578.5 billion in the week ended 13 October.
In the Asian session, at GMT0300, the pair is trading at 0.9762, with the USD trading a tad higher against the CHF from yesterday’s close.
The pair is expected to find support at 0.9738, and a fall through could take it to the next support level of 0.9714. The pair is expected to find its first resistance at 0.9778, and a rise through could take it to the next resistance level of 0.9794.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
