For the 24 hours to 23:00 GMT, the USD rose 1.26% against the CHF and closed at 0.9759.
In the Asian session, at GMT0400, the pair is trading at 0.9774, with the USD trading 0.15% higher against the CHF from yesterday’s close.
The pair is expected to find support at 0.9750, and a fall through could take it to the next support level of 0.9726. The pair is expected to find its first resistance at 0.9799, and a rise through could take it to the next resistance level of 0.9824.
Ahead in the day, market participants would keep a close watch on Switzerland’s ZEW expectations survey for February.
The currency pair is showing convergence with its 20 Hr moving average and trading below its 50 Hr moving average.
