For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CHF and closed at 0.9628.

In economic news, Switzerland’s consumer price index (CPI) climbed 0.4% MoM in March, compared to a similar rise in the prior month and topping market expectations for a rise of 0.2%.

In the Asian session, at GMT0300, the pair is trading at 0.9620, with the USD trading 0.08% lower against the CHF from yesterday’s close.

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The pair is expected to find support at 0.9599, and a fall through could take it to the next support level of 0.9577. The pair is expected to find its first resistance at 0.9641, and a rise through could take it to the next resistance level of 0.9661.

Looking forward, market participants would eye Switzerland’s unemployment rate data, the sole important release next week.

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


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