USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CHF and closed at 1.0161.
On the data front, Switzerland’s seasonally adjusted unemployment rate remained unchanged at 3.3% in December, meeting market expectations.
In the Asian session, at GMT0400, the pair is trading at 1.0174, with the USD trading 0.13% higher against the CHF from yesterday’s close.
The pair is expected to find support at 1.0127, and a fall through could take it to the next support level of 1.0079. The pair is expected to find its first resistance at 1.0202, and a rise through could take it to the next resistance level of 1.0229.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
