COZ forex: For the 24 hours to 23:00 GMT, the USD declined 0.97% against the CHF and closed at 0.9230. In the Asian session, at GMT0300, the pair is trading at 0.9236, with the USD trading 0.07% higher from yesterday’s close.

In the US, capacity utilization rise to 78.3% in September, from a revised 78.0% in August.

In technical analysis, the pair is predicted to find its first resistance at 0.9305, and a rose through could take it to the next resistance line of 0.9374. Meantime, the pair is predicted to find support at 0.9191, and a fell through could take it to the next support line of 0.9147.

Trading trends in the pair today are predicted to be determined by the release of the ZEW survey – expectations data in Switzerland.

The currency pair is trading below its 20 hours and 50 hours moving averages. (COZ forex UK)

COZ forex Chart:

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