USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 1.26% against the CHF and closed at 0.9759.
In the Asian session, at GMT0300, the pair is trading at 0.9770, with the USD trading 0.11% higher against the CHF from yesterday’s close.
The pair is expected to find support at 0.9726, and a fall through could take it to the next support level of 0.9681. The pair is expected to find its first resistance at 0.9795, and a rise through could take it to the next resistance level of 0.9819.
Trading trend in the Swiss Franc today, is expected to be determined by Switzerland’s ZEW survey – expectations for April, slated to release in a few hours.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
