USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CHF and closed at 1.0087 on Friday.
On the data front, Switzerland’s seasonally adjusted unemployment rate remained steady at 3.3% in March, meeting market expectations.
In the Asian session, at GMT0300, the pair is trading at 1.0099, with the USD trading 0.12% higher against the CHF from Friday’s close.
The pair is expected to find support at 1.0049, and a fall through could take it to the next support level of 1.0000. The pair is expected to find its first resistance at 1.0126, and a rise through could take it to the next resistance level of 1.0154.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
