Contributors Fundamental Analysis Swiss Franc Trading Slightly Higher This Morning

Swiss Franc Trading Slightly Higher This Morning

For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9898.

In the Asian session, at GMT0300, the pair is trading at 0.9896, with the USD trading a tad lower against the CHF from yesterday’s close.

The pair is expected to find support at 0.9862, and a fall through could take it to the next support level of 0.9828. The pair is expected to find its first resistance at 0.9926, and a rise through could take it to the next resistance level of 0.9956.

The currency pair is showing convergence with its 20 Hr and 50 Hr moving averages.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version