For the 24 hours to 23:00 GMT, the USD rose 1.33% against the CHF and closed at 0.9766.
On the data front, Switzerland’s ZEW survey expectations unexpectedly dropped to 7.7 in February, defying market expectations for a rise to 13.6 and compared to a level of 8.3 in the previous month.
In the Asian session, at GMT0400, the pair is trading at 0.9743, with the USD trading 0.24% lower against the CHF from yesterday’s close.
The pair is expected to find support at 0.9722, and a fall through could take it to the next support level of 0.9700. The pair is expected to find its first resistance at 0.9772, and a rise through could take it to the next resistance level of 0.9800.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
Roz has been engaged in the financial markets since 2017, specializing in Foreign Exchange, Before joining to FOREX IN WORLD she start to learn forex trading related information.