Currency pair USD CHF Franc the dollar could not continue to fall within the framework of the descending pattern 5-0. However, at the moment conserved potential to continue falling in the rebound from the resistance line on the indicator of relative strength.
USD CHF Forecast Frank rate on July 21, 2016
Also do not forget that the USD CHF quotes are testing the upper boundary of the descending pattern of 1:1 on the daily chart, which suggests the existence of a serious area of resistance at these levels. Cancellation option of falling of pair USD CHF will be a strong growth of the dollar against the Swiss franc above the level of 0.9920.
USD CHF Forecast Frank rate on July 21, 2016 suggests an attempt to pair fall in the rebound from the rapid trend line on the indicator of relative strength.
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