The currency pair USD CHF continues to trade within the descending pattern of 1: 1 on the daily chart. At the moment, there is potential for further drop in prices USD CHF, even though the current upward correction.
USD CHF Forecast Swiss Franc — June 28, 2016
We should expect the test level above 0.9840, where one can try to sell the pair USD CHF with a close stop. Increase the amount of sales only after the price breaks the level of 0.9540. A potential target of the fall is the area of the franc quotation below 0.91. Cancellation option will be the continuation of falling of pair of strong growth of quotations above USD CHF 0.9990 level.
USD CHF Forecast Swiss Franc — June 28, 2016 assumes level 0.9840 tests, where you can try to sell with a close-table, an additional signal will test the resistance line on the indicator of relative strength.
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