USDCHF Movement
On Friday, the USD slightly traded lower against the CHF and closed at 0.9761.
In the Asian session, at GMT0300, the pair is trading at 0.9778, with the USD trading 0.17% higher from Friday’s close.
The pair is expected to find support at 0.9736, and a fall through could take it to the next support level of 0.9695. The pair is expected to find its first resistance at 0.9804, and a rise through could take it to the next resistance level of 0.9831.
Moving ahead, Switzerland’s real retail sales data, set for release in a few hours would grab lot of market attention.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
