Contributors Fundamental Analysis Swiss Franc Extends Its Losses In The Morning Session

Swiss Franc Extends Its Losses In The Morning Session

For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9939.

In the Asian session, at GMT0300, the pair is trading at 0.9945, with the USD trading 0.06% higher against the CHF from yesterday’s close.

The pair is expected to find support at 0.9882, and a fall through could take it to the next support level of 0.9820. The pair is expected to find its first resistance at 0.9979, and a rise through could take it to the next resistance level of 1.0014.

The currency pair is trading above 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