USDCHF Movement
For the 24 hours to 23:00 GMT, USD declined 0.35% against the CHF and closed at 0.9748.
On the data front, State Secretariat for Economic Affairs (SECO) reported that, on seasonally adjusted basis, Swiss unemployment rate remained stable at 2.9% in June.
In the Asian session, at GMT0300, the pair is trading at 0.9769, with the USD trading 0.22% higher from yesterday’s close.
The pair is expected to find support at 0.9747, and a fall through could take it to the next support level of 0.9725. The pair is expected to find its first resistance at 0.9789, and a rise through could take it to the next resistance level of 0.9809.
The currency pair is trading just above its 20 Hr and 50 Hr moving averages.
