Swiss Franc Trading On A Weaker Footing In The Asian Session
For the 24 hours to 23:00 GMT, the USD rose 0.87% against the CHF and closed at 0.9865.
In the Asian session, at GMT0400, the pair is trading at 0.9881, with the USD trading 0.17% higher from yesterday’s close.
The pair is expected to find support at 0.9817, and a fall through could take it to the next support level of 0.9753. 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 0.9956.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.