USDCHF Movement
For the 24 hours to 23:00 GMT, USD declined 0.08% against the CHF and closed at 0.8804.
In Switzerland, the Center for European Economic Research (ZEW) and Credit Suisse, reported that the economic expectations dropped to -11.5 points from the positive 8.8 points in April.
In the Asian session, at 3:00GMT, the pair is trading at 0.8822, 0.20% up from the New York session close.
The pair has its first short term resistance at 0.8881, followed by the next resistance at 0.8941. The first area of support is at 0.8762 levels, with the subsequent support at 0.8703.
The currency pair is trading just a below its 20 Hr and 50 Hr moving averages.
