USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CHF and closed at 0.9878.
In economic news, Switzerland’s SECO consumer climate declined to a level of -10.4 in 4Q 2019, defying market expectations for a steady reading. In the previous quarter, the consumer climate had recorded a reading of -8.0.
In the Asian session, at GMT0400, the pair is trading at 0.9891, with the USD trading 0.13% higher against the CHF from yesterday’s close.
The pair is expected to find support at 0.9864, and a fall through could take it to the next support level of 0.9837. The pair is expected to find its first resistance at 0.9907, and a rise through could take it to the next resistance level of 0.9923.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
