Currency pair USD/CHF Dollar Franc completes trading week near the level of 0.9920. At this point, we should expect a test of the support area near the level of 0.9800 and the continued growth of the pair with a target above the level of 1.0250.
USD/CHF weekly forecast May 28 — June 1, 2018
In favor of the pair’s growth, the Dollar Franc will perform a test of the support area on the indicator of relative strength index (RSI). Cancellation of the USD/CHF growth scenario will be the fall and breakdown of the area of 0.9700, which will indicate the breakdown of the upper border of the channel and the continued fall of the pair to Forex. Confirmation of the growth of the pair will break through the resistance area and the closing of quotes above the level of 1.0100.
USD/CHF weekly forecast May 28 — June 1, 2018 suggests a test of the support level near the area of 0.9800 and the continuation of the USD/CHF growth to the area above the level of 1.0250, in favor of growth, a bullish trendline test on the relative strength index (RSI).
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
