Investing.com - The U.S. Dollar was higher against the Swiss Franc on Tuesday after the release of U.S. data on Industrial Production.
USD/CHF was trading at 0.7936, up 1.16% at time of writing.
The pair was likely to find support at 0.7239, Thursday’s low, and resistance at 0.7998, Monday’s high.
Earlier in the day, official data showed that U.S. industrial production rose more-than-expected to 0.9% last month, from 0.4% in the preceding month whose figure was revised up from 0.2%.
Analysts had expected U.S. industrial production to rise 0.5% last month.
Meanwhile, the U.S. Dollar was up against the Euro and down against the Japanese Yen, with EUR/USD shedding 0.24% to hit 1.4409 and USD/JPY falling 0.12% to hit 76.75.
USD/CHF was trading at 0.7936, up 1.16% at time of writing.
The pair was likely to find support at 0.7239, Thursday’s low, and resistance at 0.7998, Monday’s high.
Earlier in the day, official data showed that U.S. industrial production rose more-than-expected to 0.9% last month, from 0.4% in the preceding month whose figure was revised up from 0.2%.
Analysts had expected U.S. industrial production to rise 0.5% last month.
Meanwhile, the U.S. Dollar was up against the Euro and down against the Japanese Yen, with EUR/USD shedding 0.24% to hit 1.4409 and USD/JPY falling 0.12% to hit 76.75.