Contributors Fundamental Analysis Swiss Franc Trading Lower In The Morning Session

Swiss Franc Trading Lower In The Morning Session

For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CHF and closed at 0.9677.

In the Asian session, at GMT0400, the pair is trading at 0.9683, with the USD trading 0.06% higher against the CHF from yesterday’s close.

The pair is expected to find support at 0.9661, and a fall through could take it to the next support level of 0.9639. The pair is expected to find its first resistance at 0.9717, and a rise through could take it to the next resistance level of 0.9751.

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

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