USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 1.06% against the CHF and closed at 0.9736.
In the Asian session, at GMT0400, the pair is trading at 0.9729, with the USD trading 0.08% lower from yesterday’s close.
The pair is expected to find support at 0.9665, and a fall through could take it to the next support level of 0.9601. The pair is expected to find its first resistance at 0.9771, and a rise through could take it to the next resistance level of 0.9814.
Looking ahead, investors would keep a close eye on Switzerland’s CPI data, scheduled in a few hours.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
