For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CHF and closed at 0.9555.
In the Asian session, at GMT0300, the pair is trading at 0.9565, with the USD trading 0.1% higher against the CHF from yesterday’s close.
The pair is expected to find support at 0.9546, and a fall through could take it to the next support level of 0.9527. The pair is expected to find its first resistance at 0.9591, and a rise through could take it to the next resistance level of 0.9617.
Ahead in the day, Switzerland’s KOF leading indicator data for June, slated to release in a few hours, will pique investor attention.
The currency pair is showing convergence with its 20 Hr moving average and trading below its 50 Hr moving average.
