For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CHF and closed at 0.9821 on Friday.

In the Asian session, at GMT0300, the pair is trading at 0.9835, with the USD trading 0.14% higher against the CHF from Friday’s close.

The pair is expected to find support at 0.9813, and a fall through could take it to the next support level of 0.9791. The pair is expected to find its first resistance at 0.9852, and a rise through could take it to the next resistance level of 0.9869.

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Trading trend in the Swiss Franc today, is expected to be determined by Switzerland’s M3 money supply for June, scheduled to release in a while.

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


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