USDCHF Movement
For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CHF and closed at 0.9905.
In economic news, Switzerland’s producer and import price index advanced 1.9% on a yearly basis in August, compared to a fall of 1.7% in the prior month.
In the Asian session, at GMT0300, the pair is trading at 0.9899, with the USD trading 0.06% lower against the CHF from yesterday’s close.
The pair is expected to find support at 0.9871, and a fall through could take it to the next support level of 0.9843. The pair is expected to find its first resistance at 0.9937, and a rise through could take it to the next resistance level of 0.9975.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
