USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 0.9181.
In economic news, the Federal Statistical Office reported that producer and import prices in Switzerland declined 0.4% (MoM) in October, more than analysts’ call for a 0.3% drop and compared to a 0.1% rise witnessed in the previous month.
In the Asian session, at GMT0400, the pair is trading at 0.9178, with the USD trading slightly lower from yesterday’s close.
The pair is expected to find support at 0.9146, and a fall through could take it to the next support level of 0.9115. The pair is expected to find its first resistance at 0.9199, and a rise through could take it to the next resistance level of 0.9221.
The currency pair is trading just above its 20 Hr and 50 Hr moving averages.
