Currency pair Dollar Franc USD/CHF continues its movement within the context of a decline development and a descending channel. At the time of the Forex forecast publication, the USD to CHF exchange rate is 0.8216. Moving averages indicate the presence of a short-term bearish trend for this currency pair. Prices are once again testing the area between signal lines, which indicates sellers’ pressure and potential continuation of the decline in the asset’s price from current levels. Currently, it would be appropriate to expect an attempt at developing an upward movement of the USD against the CHF and testing the resistance zone near 0.8285 level. Then, a downward bounce of prices and further decline of USD against CHF with potential target below the mark 0.8055.
USD/CHF Forecast Dollar Franc for June 5, 2025
Additional signals for the decrease of the currency pair Dollar/Frank on FOREX will be a rebound from the resistance line on the Relative Strength Index (RSI). The second signal will be a bounce off the upper boundary of the descending channel. Cancellation of the option of USD/CHF currency pair drop on Forex will be a strong growth and breaking through the area of 0.8365. This will indicate a break in the resistance area and continuation of the USD/CHF quotes increase towards the level above 0.8645. To expect confirmation of the decrease in the USD/CHF quotations, one should wait for penetration of the support zone and closing price below the level of 0.8165, which will indicate a breakthrough the lower boundary of the bear channel.
USD/CHF Forecast Dollar Franc for June 5, 2025 anticipates an attempt at developing a bullish correction and testing the resistance area close to the level of 0.8285. Following that, further decline in the USD/CHF currency pair with a target below the level of 0.8055. An additional signal for the depreciation of the Dollar Franc pair would be a bounce off the trend line on the Relative Strength Index (RSI) indicator. Cancellation of the downside scenario will occur if there is strong growth and a breakthrough the area of 0.8365. This will indicate a breakthrough the resistance level and continuation of the rise in the currency pair with a potential target above the level of 0.8645.
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