Currency pair USD/CHF continues its movement within the framework of a decline development and a descending channel. At the time of forex forecast publication, the US Dollar to Swiss Franc exchange rate is at 0.8237. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are once again testing the area between signal lines, indicating seller pressure and potential continuation of the asset’s value decline from current levels. Currently, it would be expected that there will be an attempt to develop an upward movement in the US Dollar against Swiss Franc and test the resistance area near 0.8295. Then, a price rebound downwards followed by further US Dollar depreciation against Swiss Franc with a potential target below the mark of 0.8065.
USD/CHF Forecast Dollar Franc for June 4, 2025
Additional signals in favor of reducing the currency pair Dollar Swiss Franc on FOREX will be a bounce off the resistance line on the Relative Strength Index (RSI). The second signal is a rebound from the upper border of the descending channel. Cancellation of the scenario for a drop in the USD/CHF currency pair on Forex will be strong growth and breaking through the area 0.8355. This indicates breaking the resistance area and continuing the rise of quotes USD/CHF to the region above the level 0.8635. It is worth expecting confirmation of a drop in USD/CHF prices with a penetration of the support zone and closing price below the level 0.8205.
USD/CHF Forecast Dollar Franc for June 4, 2025 anticipates an attempt at developing a bullish correction and testing the resistance area close to level 0.8295. Then, continuation of the decline in the USD/CHF currency pair with a target below the level of 0.8065. An additional signal for the decrease of the Dollar Franc pair will be a bounce off the trend line on the Relative Strength Index (RSI) indicator. Cancellation of the downside scenario will be strong growth and breaking through the area 0.8355. This will indicate a break above the resistance level and continuation of the pair’s growth with a potential target above the level of 0.8635.
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