USD/CHF: Swiss Franc Trading Tad Lower In The Asian Session

 
USD/CHF: Swiss Franc Trading Tad Lower In The Asian Session
 
For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CHF and closed at 0.9325. Trading in the pair remained subdued as the US economic calendar was thin and Switzerland had no major releases yesterday.
 
In the Asian session, at GMT0300, the pair is trading at 0.9330, with the USD trading marginally higher from yesterday’s close.
 
The pair is expected to find support at 0.9301, and a fall through could take it to the next support level of 0.9271. The pair is expected to find its first resistance at 0.9371, and a rise through could take it to the next resistance level of 0.9411.
 
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� aa��L�Lexpected flat reading and compared to a revised 0.3% drop reported in April.

 
The pair is expected to find support at 96.78, and a fall through could take it to the next support level of 96.23. The pair is expected to find its first resistance at 98.31, and a rise through could take it to the next resistance level of 99.29.
 
In the absence of major economic news in Japan today, investors shall eye the durable goods orders, housing price index, consumer confidence and the new home sales data scheduled for release in the US later today.