For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.9952.

In the Asian session, at GMT0300, the pair is trading at 0.9942, with the USD trading 0.10% lower against the CHF from yesterday’s close.

The pair is expected to find support at 0.9910, and a fall through could take it to the next support level of 0.9879. The pair is expected to find its first resistance at 0.9966, and a rise through could take it to the next resistance level of 0.9991.

- advertisement -

Trading trend in the Swiss Franc today, is expected to be determined by the Swiss National Bank interest rate decision followed by Switzerland’s producer & import prices for May, scheduled to release in a while.

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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.