USDCHF Movement

For the 24 hours to 23:00 GMT, USD rose 0.51% against the CHF and closed at 0.9363.

In Switzerland, the producer and import price index fell 0.1% (MoM) in April, compared to a 0.3% rise in March, and against the market expectation of a 0.2% rise.

In the Asian session, at GMT0300, the pair is trading at 0.9363, with the USD trading marginally higher from yesterday’s close.

The pair is expected to find support at 0.9327, and a fall through could take it to the next support level of 0.9290. The pair is expected to find its first resistance at 0.9387, and a rise through could take it to the next resistance level of 0.9410.

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