USD CHF forecast today: May 11 2016


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Currency pair USD CHF forex testing the resistance area of the upper boundary of the descending channel that could provoke the fall of the pair of quotes in an area at 0.9580. Cancellation of the drop in prices USD CHF will be strong growth above the level of 0.9770. An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative strength, it also points to the depreciation of the USD / CHF.

USD CHF forecast today: May 11 2016

USD CHF forecast today: May 11 2016

Thus, USD CHF forecast today: May 11 2016 suggests the fall of the pair of quotes in the rebound from the upper border of the descending channel, the expected 1: 1 model.

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