USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.56% against the CHF and closed at 0.9857.
In the Asian session, at GMT0300, the pair is trading at 0.9878, with the USD trading 0.21% higher against the CHF from yesterday’s close.
The pair is expected to find support at 0.9839, and a fall through could take it to the next support level of 0.9799. The pair is expected to find its first resistance at 0.9904, and a rise through could take it to the next resistance level of 0.9929.
Moving ahead, investors would look forward to Switzerland’s ZEW survey of expectations for October, due to release in a few hours.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
