Swiss Franc Trading On A Stronger Footing This Morning
GCI Financial | Aug 12, 2015 03:05AM ET
For the 24 hours to 23:00 GMT, the USD rose 0.5% against the CHF and closed at 0.9885.
In the Asian session, at GMT0300, the pair is trading at 0.9867, with the USD trading 0.18% lower from yesterday’s close.
The pair is expected to find support at 0.9810, and a fall through could take it to the next support level of 0.9754. The pair is expected to find its first resistance at 0.9915, and a rise through could take it to the next resistance level of 0.9964.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
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