For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.9646.

In the Asian session, at GMT0300, the pair is trading at 0.9645, with the USD trading slightly lower against the CHF from yesterday’s close.

The pair is expected to find support at 0.9618, and a fall through could take it to the next support level of 0.9591. The pair is expected to find its first resistance at 0.9675, and a rise through could take it to the next resistance level of 0.9705.

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Looking ahead, market participants will closely monitor Switzerland’s unemployment rate as well as consumer price index data, both for May, scheduled to be released today.

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


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