Currency pair US Dollar Swiss Franc (USD/CHF) continues its movement within the context of the decline development and a descending channel. Now of Forex forecast publishing, the USD to CHF exchange rate is 0.8248. Moving averages indicate the presence of a short-term bullish trend on this pair. Prices broke through the area between signal lines downward, indicating pressure from sellers and potential continuation of the price fall right from current levels. Currently, it’s reasonable to expect an attempt for USD growth against CHF and testing resistance area near 0.8295 level. Then, pushing price downwards followed by a continued depreciation of US Dollar against Swiss Franc with a potential target below 0.7995.
USDCHF Forecast Dollar Franc for May 22, 2025
Additional confirmation of the currency pair Dollar Swiss Franc (USD/CHF) decline on FOREX will be a bounce off the resistance line on the Relative Strength Index (RSI). The second signal would be rebounding from the upper border of the descending channel. Rejection of the scenario of USD/CHF’s fall on Forex happens with a strong rise and penetration into the area of 0.8445. This signals the breakthrough of the resistance zone and continuation of the growth of USD/CHF quotes towards an area above the level of 0.8655. Expect confirmation of the decline in USD/CHF quotes on breaking the support area and closing price below the level of 0.8205.
USDCHF Forecast Dollar Franc for May 22, 2025, anticipates an attempt at developing a bullish correction and testing the resistance area near the level of 0.8295. Then, continuation of the fall in the USD/CHF currency pair with a target below the level of 0.7995. An additional signal for reducing the Dollar Franc pair would be a bounce off the trend line on the Relative Strength Index (RSI) indicator. A reversal of the decline option would be a strong growth and penetration of the area of 0.8445, indicating a break above the resistance level and continued growth in the pair with a potential target above the level of 0.8655.
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