For the 24 hours to 23:00 GMT, the USD rose 0.05% against the CHF and closed at 0.9841 on Friday.
In the Asian session, at GMT0400, the pair is trading at 0.9833, with the USD trading 0.08% lower 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 0.9792. The pair is expected to find its first resistance at 0.9855, and a rise through could take it to the next resistance level of 0.9876.
Moving ahead, traders would await Switzerland’s total sight deposits, scheduled to release in a while.
The currency pair is showing convergence with its 20 Hr moving average and trading above its 50 Hr moving average.
