USDCHF Movement
For the 24 hours to 23:00 GMT on Friday, the USD rose 0.23% against the CHF and closed at 0.9486.
In the Asian session, at GMT0400, the pair is trading at 0.9476, with the USD trading 0.11% lower from Friday?s close.
The pair is expected to find support at 0.9437, and a fall through could take it to the next support level of 0.9398. The pair is expected to find its first resistance at 0.9507, and a rise through could take it to the next resistance level of 0.9538.
The currency pair is trading between its 20 Hr and 50 Hr moving averages.
This entry was posted in USD/CHF. Bookmark the permalink.Source: http://forexnews.gcitrading.com/currencies/usdchf/usdchf-pair-trading-between-its-ma%E2%80%99s-7.htm
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