USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9864, extending its previous session gains.
In the Asian session, at GMT0400, the pair is trading at 0.9894, with the USD trading 0.3% higher from yesterday’s close.
The pair is expected to find support at 0.9838, and a fall through could take it to the next support level of 0.9782. The pair is expected to find its first resistance at 0.9933, and a rise through could take it to the next resistance level of 0.9972.
Going forward, investors await Switzerland’s unemployment rate data, scheduled in a few hours.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
