The currency pair USD CHF continues to trade within the forex Wedge pattern, but with a breakdown of the level of the lower border is expected to start the franc quotations fall to below 0.97.
Forecast USD CHF Swiss Franc on July 26, 2016
Cancellation option USD CHF falling of quotations will be a strong growth of the pair above the 0.9990 level, which points to continued growth. An additional signal in favor of the Swiss franc fall is the test of the descending trend line on the indicator of relative strength.
Forecast USD CHF Swiss Franc on July 26, 2016 assumes a continuation of the downward movement within the mining model Wedge with a potential target at levels below 0.97.
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