The currency pair USD CHF on FOREX trading down throughout April, but already today we can talk about the potential growth of quotations pair usd chf bullish within the mining model Wolfe waves on the daily chart of the Swiss franc.
FOREX Forecast to May 2016: USD/CHF
A potential target of the growth of quotations usd/chf in May 2016 the area at a level above 1.02. Cancellation option development and testing of bovine growth model Wolfe waves on the daily chart may be a continuation of the fall of the franc against the dollar quotations below 0.93. On the weekly chart the franc has test the uptrend line on the indicator of relative strength, which also involves an attempt to grow and rebound from the support area on the indicator RSI relative strength.
Thus, FOREX Forecast to May 2016: USD/CHF suggests an attempt to increase due to the completion of the formation of bovine model Wolfe waves for the purpose of higher than 1.02, on the daily chart, as well as have the support area of the test on the weekly chart of the franc against the US dollar.