FOREX USD/CHF forecast May 17, 2016


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Currency pair USD CHF forex continues to test resistance area. At the moment, there is a high potential for a fall to below 0.96 level. Cancellation option quotations falling usd chf 17.05.2016 will be strong growth above the level of 0.98, resulting in a continuation of growth of pair usd chf in the area above the level of 1.00.

FOREX USD/CHF forecast May 17, 2016

FOREX USD/CHF forecast May 17, 2016

An additional signal in favor of the Swiss franc fall is the rebound from the resistance area of the RSI indicator. Thus, FOREX USD/CHF forecast May 17, 2016 suggests an attempt to fall in the rebound from the resistance area for the purpose at a level below 0.96.

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