For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9941 on Friday.

In the Asian session, at GMT0400, the pair is trading at 0.9944, with the USD trading a tad higher against the CHF from Friday’s close.

The pair is expected to find support at 0.9916, and a fall through could take it to the next support level of 0.9888. The pair is expected to find its first resistance at 0.9971, and a rise through could take it to the next resistance level of 0.9998.

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The currency pair is showing convergence with its 20 Hr moving average and trading above its 50 Hr moving average.

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