USD/CHF: Swiss Franc trading on a weaker footing this morning

USDCHF

USDCHF Movement

For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9653.

In the Asian session, at GMT0300, the pair is trading at 0.9669, with the USD trading 0.17% higher against the CHF from yesterday’s close.

The pair is expected to find support at 0.9613, and a fall through could take it to the next support level of 0.9558. The pair is expected to find its first resistance at 0.9712, and a rise through could take it to the next resistance level of 0.9756.

Looking ahead, investors would focus on Switzerland’s producer and import prices for March, due to release in a few hours..

The currency pair is trading above its 20 Hr and 50 Hr moving averages.

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