For the 24 hours to 23:00 GMT, the USD rose 1.26% against the CHF and closed at 0.9759.
In the Asian session, at GMT0400, the pair is trading at 0.9774, with the USD trading 0.15% higher against the CHF from yesterday’s close.
The pair is expected to find support at 0.9750, and a fall through could take it to the next support level of 0.9726. The pair is expected to find its first resistance at 0.9799, and a rise through could take it to the next resistance level of 0.9824.
Ahead in the day, market participants would keep a close watch on Switzerland’s ZEW expectations survey for February.
The currency pair is showing convergence with its 20 Hr moving average and trading below its 50 Hr moving average.
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.