Swiss Franc Extends Its Losses In The Morning Session

By GCI FinancialForexMar 19, 2018 03:46AM ET

www.investing.com/analysis/swiss-franc-extends-its-losses-in-the-morning-session-200299011

Swiss Franc Extends Its Losses In The Morning Session

By GCI Financial | Mar 19, 2018 03:46AM ET

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USDCHF Movement

For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.9527 on Friday.

In the Asian session, at GMT0400, the pair is trading at 0.9536, with the USD trading 0.09% higher against the CHF from Friday’s close.

The pair is expected to find support at 0.9498, and a fall through could take it to the next support level of 0.9460. The pair is expected to find its first resistance at 0.9561, and a rise through could take it to the next resistance level of 0.9586.

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

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Swiss Franc Extends Its Losses In The Morning Session

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