For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9730.
In the Asian session, at GMT0300, the pair is trading at 0.9735, with the USD trading a tad higher against the CHF from yesterday’s close.
The pair is expected to find support at 0.9708, and a fall through could take it to the next support level of 0.9682. The pair is expected to find its first resistance at 0.9753, and a rise through could take it to the next resistance level of 0.9772.
Investors will now keep a close eye on Switzerland’s GDP figures, KOF leading indicator, UBS consumption indicator, ZEW’s survey on expectations and real retail sales, all slated to release next week.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
