For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CHF and closed at 0.9905 on Friday.

In the Asian session, at GMT0300, the pair is trading at 0.9883, with the USD trading 0.22% lower against the CHF from Friday’s close.

The pair is expected to find support at 0.9861, and a fall through could take it to the next support level of 0.9839. The pair is expected to find its first resistance at 0.9924, and a rise through could take it to the next resistance level of 0.9965.

- advertisement -

Looking forward, investors will await Switzerland’s unemployment rate for June, set to release in a while.

The currency pair is trading below its 20 Hr and 50 Hr moving averages.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.