The currency pair USD CHF continues to test the descending channel’s upper limit of 1: 1 model. We look forward to the beginning of the fall of the franc quotations from current levels.
FOREX Forecast USD/CHF — June 2, 2016
The purpose of the fall can be a region at a level below 0.97. Cancellation option will be a strong appreciation of the USD/CHF above 1.00 levels. An additional signal in favor of falling sales and the franc against the dollar in favor of forming a reversal pattern head and shoulders on the indicator of relative strength. FOREX Forecast USD/CHF — June 2, 2016 involves a new attempt USD/CHF falling within start mining model 1:1 with a view to a potential lower than 0.93.
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