For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CHF and closed at 0.9561.
Macroeconomic data indicated that Switzerland’s seasonally adjusted unemployment rate remained steady at 2.9% in March, meeting market consensus.
In the Asian session, at GMT0300, the pair is trading at 0.9569, with the USD trading 0.08% higher against the CHF from yesterday’s close.
The pair is expected to find support at 0.9547, and a fall through could take it to the next support level of 0.9524. The pair is expected to find its first resistance at 0.9601, and a rise through could take it to the next resistance level of 0.9632.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
