USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.9475.
In Switzerland, the UBS consumption indicator rose to a level of 1.25 in March, indicating that demand from Swiss consumers was relatively strong.
In the Asian session, at GMT0300, the pair is trading at 0.9459, with the USD trading 0.17% lower from yesterday’s close.
The pair is expected to find support at 0.9434, and a fall through could take it to the next support level of 0.9408. The pair is expected to find its first resistance at 0.9493, and a rise through could take it to the next resistance level of 0.9526.
The currency pair is trading between with its 20 Hr and 50 Hr moving averages.
