The currency pair USD CHF continues to test resistance area at 0.9920. There remains potential for a fall in the framework of the descending pattern 1:1 with a view to a potential drop below the level of 0.93.
Technical analysis USD/CHF — June 1, 2016
Cancellation option will break through the area above the level of 1.00. An additional signal in favor of the fall is the formation of topping forex head and shoulders pattern on the indicator of relative strength. Technical analysis USD/CHF — June 1, 2016 assumes a drop in prices usd chf in the rebound from the upper border of the descending channel.
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