USDCHF Movement
For the 24 hours to 23:00 GMT, the USD rose 1.11% against the CHF and closed at 0.9282.
Economic data released in Switzerland was a mixed, with the Swiss manufacturing PMI posting an unexpected rise while the KOF leading economic indicator declining more-than-expected for December.
In the Asian session, at GMT0400, the pair is trading at 0.9277, with the USD trading 0.06% lower from yesterday’s close.
The pair is expected to find support at 0.9211, and a fall through could take it to the next support level of 0.9146. The pair is expected to find its first resistance at 0.9314, and a rise through could take it to the next resistance level of 0.9352.
With no key economic releases in the day ahead, Swissy is expected to ride on general market cues against the greenback.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
