USD/CHF: UBS consumption indicator slipped in November

USD/CHF: UBS consumption indicator slipped in November

For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9126.

In Switzerland, the UBS consumption indicator retreated to 1.23 in November, from 1.30 in October.

In the Asian session, at GMT0400, the pair is trading at 0.9124, with the USD trading marginally lower from yesterday’s close.

The pair is expected to find support at 0.9095, and a fall through could take it to the next support level of 0.9065. The pair is expected to find its first resistance at 0.9156, and a rise through could take it to the next resistance level of 0.9187.