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Swiss Franc Extends Its Losses In The Morning Session

Published 11/28/2016, 01:36 AM
Updated 03/09/2019, 08:30 AM

USD/CHF Movement

For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CHF and closed at 1.0142 on Friday.

In the Asian session, at GMT0400, the pair is trading at 1.0096, with the USD trading 0.45% lower against the CHF from Friday’s close.

The pair is expected to find support at 1.0055, and a fall through could take it to the next support level of 1.0013. The pair is expected to find its first resistance at 1.0155, and a rise through could take it to the next resistance level of 1.0213.

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

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