USDCHF Movement
For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CHF and closed at 0.9454.
In the Asian session, at GMT0300, the pair is trading at 0.9433, with the USD trading 0.22% lower from yesterday’s close.
The pair is expected to find support at 0.9408, and a fall through could take it to the next support level of 0.9384. The pair is expected to find its first resistance at 0.9471, and a rise through could take it to the next resistance level of 0.9510.
Switzerland’s KOF leading indicator scheduled for release later today is forecast to record a marginal drop in April.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
