Contributors Fundamental Analysis Swiss Franc Trading Lower In The Asian Session

Swiss Franc Trading Lower In The Asian Session

For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 1.0107 on Friday.

In the Asian session, at GMT0300, the pair is trading at 1.0115, with the USD trading 0.08% higher against the CHF from Friday’s close.

The pair is expected to find support at 1.0093, and a fall through could take it to the next support level of 1.0070. The pair is expected to find its first resistance at 1.0130, and a rise through could take it to the next resistance level of 1.0144.

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

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