USDCHF Movement
For the 24 hours to 23:00 GMT, USD rose 0.63% against the CHF and closed at 0.9179.
In economic news, producer and import price index in Switzerland fell 2.4% (YoY), compared to the market expectation of a 2.2% fall.
In the Asian session, at GMT0400, the pair is trading at 0.9177, with the USD trading marginally lower from yesterday’s close.
The pair is expected to find support at 0.9122, and a fall through could take it to the next support level of 0.9068. The pair is expected to find its first resistance at 0.9211, and a rise through could take it to the next resistance level of 0.9246.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
