HomeContributorsFundamental AnalysisSwiss Franc Trading Marginally Lower This Morning

Swiss Franc Trading Marginally Lower This Morning

For the 24 hours to 23:00 GMT, the USD slightly declined against the CHF and closed at 0.9893.

In the Asian session, at GMT0400, the pair is trading at 0.9894, with the USD trading a tad higher against the CHF from yesterday’s close.

The pair is expected to find support at 0.9857, and a fall through could take it to the next support level of 0.9820. The pair is expected to find its first resistance at 0.9921, and a rise through could take it to the next resistance level of 0.9948.

The currency pair is trading between its 20 Hr and 50 Hr moving averages.

GCI Financial
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