Currency pair USD/CHF continues its movement within the framework of a decline development and descending channel. Now of publishing Forex forecast, the US Dollar to Swiss Franc exchange rate is at 0.8182. Moving averages indicate the presence of a short-term bearish trend for this pair. Prices have pierced the area between signal lines downward, indicating pressure from sellers and potential continuation of asset value decline already from current levels. Currently, it would be expected that there will be an attempt to develop an upward movement of the US Dollar against Swiss Franc and testing the resistance zone near 0.8230 level. Then, a price rebound downwards and further decline of the US Dollar against Swiss Franc with potential target below the mark of 0.8035.
USD/CHF Forecast Dollar Franc for June 3, 2025
Additional indication for the reduction of the currency pair Dollar Franc on FOREX would be a rebound from the line of resistance on the Relative Strength Index (RSI). A second signal would be a bounce off the upper border of the descending channel. Cancellation of the option of reducing the USD/CHF currency pair on Forex would be a strong rise and break of the area 0.8365. This would indicate a breakout from the resistance zone and continuation of the growth of USD/CHF quotes to the area above the level 0.8605. We should await confirmation of a decline in the USD/CHF quotes with a breakthrough of the support area and closing price below the level 0.8035, which would indicate a breakthrough the lower border of the descending channel, this is a signal for depreciation by the width of the channel.
USD/CHF Forecast Dollar Franc for June 3, 2025 anticipates an attempt to develop a bullish correction and test the resistance area near the level of 0.8230. Next, continuation of the USD/CHF currency pair’s decline with a target below the level of 0.8035. An additional signal in favor of decreasing the Frank Dollar pair will be a bounce off the trend line on the Relative Strength Index (RSI) indicator. Cancellation of the downside option will be a strong rise and breakout through the area of 0.8365. This will indicate breaking resistance level and continuation of the pair’s growth with potential target above the level of 0.8605.
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