USDCHF Movement
For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CHF and closed at 0.9891.
In economic news, Switzerland’s economic expectations index eased to a level of -30.5 in October, following a reading of -15.4 in the preceding month.
In the Asian session, at GMT0400, the pair is trading at 0.9868, with the USD trading 0.23% lower against the CHF from yesterday’s close.
The pair is expected to find support at 0.9842, and a fall through could take it to the next support level of 0.9816. The pair is expected to find its first resistance at 0.9919, and a rise through could take it to the next resistance level of 0.9970.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
