USDCHF Movement
For the 24 hours to 23:00 GMT, USD declined 0.15% against the CHF and closed at 0.8650.
In Switzerland, real retail sales, on monthly basis, rose by 0.3% in March from 4.4% rise in February. Additionally, the SVME manufacturing purchasing manager index declined to 58.4 in April from 59.3 in March.
In the Asian session, at 3:00GMT, the pair is trading at 0.8654, 0.05% higher from the New York session close.
The pair has its first short term resistance at 0.8694, followed by the next resistance at 0.8733. The first area of support is at 0.8620 levels, with the subsequent support at 0.8585.
The currency pair is showing convergence with its 20 Hr and 50 Hr moving averages.
