USD CHF FOREX forecast — May 23, 2016


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Currency pair USD CHF Forex continued to rise. However, to date the franc quotations are testing the upper limit of the downward channel.

USD CHF FOREX forecast — May 23, 2016

USD CHF FOREX forecast — May 23, 2016

There is a potential for the formation of the descending pattern is 1:1. The purpose of the fall and testing of such a model can be a region at a level below 0.90. Cancellation option will be a strong growth of quotations usd/chf and penetration level of the upper border of the channel. An additional signal in favor of the fall is the test of the descending trend line on the indicator of relative strength. USD CHF FOREX forecast — May 23, 2016 suggests an attempt to fall in the rebound from the upper border of the descending channel.

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