USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.9670.
In the Asian session, at GMT0400, the pair is trading at 0.9663, with the USD trading 0.07% lower from yesterday’s close.
The pair is expected to find support at 0.9629, and a fall through could take it to the next support level of 0.9596. The pair is expected to find its first resistance at 0.9689, and a rise through could take it to the next resistance level of 0.9716.
Amid a weak economic calendar from Switzerland today, investors look forward to Swiss producer and import prices data, scheduled in a few hours.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
