For the 24 hours to 23:00 GMT, the USD rose 2.04% against the CHF and closed at 0.9835.
On the macro front, Switzerland’s total sight deposits advanced to CHF608.8 billion in the week ended 20 March 2020, compared to a reading of CHF603.0 billion in the previous week.
In the Asian session, at GMT0400, the pair is trading at 0.9792, with the USD trading 0.44% lower against the CHF from yesterday’s close.
The pair is expected to find support at 0.9754, and a fall through could take it to the next support level of 0.9716. The pair is expected to find its first resistance at 0.9859, and a rise through could take it to the next resistance level of 0.9926.
Amid no macroeconomic releases in Switzerland today, investor sentiment would be governed by global macroeconomic factors.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
