The Swiss franc rose against the dollar on upbeat gross domestic product and purchasing manager’s index data. The greenback trades 0.3 percent lower at 0.9899, hovering towards previous session low of 0.9886. Swiss purchasing manager’s index came in at 55.8 for the month of May versus forecast of 54.0, while gross domestic product increased 0.7 percent y/y for the first quarter versus previous 0.3 percent. On the lower side major support is around 0.9870 (10 day MA) and any break below will drag the pair till 0.9835 (200 day MA) 0.9780/0.9760 (21 day MA). The immediate resistance is at 0.9960 and break above targets 0.9980/1.000.