The currency pair USD/CHF continues its movement within the framework of a decline development and descending channel. At the moment of Forex forecast publication, the US dollar to Swiss franc exchange rate is 0.8272. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have breached the area between signal lines downwards, which indicates pressure from sellers and potential continuation of the asset’s price drop from current levels. Currently, one should expect an attempt at developing a bullish correction of the US dollar against the Swiss franc and testing the resistance area close to the level 0.8365. Then, price bounce below and further decline of the US dollar against the Swiss franc with a potential target below the mark 0.8035.
USD/CHF Forecast Dollar Franc for May 28, 2025
Additional signals for the downward movement of the currency pair Dollar Franc on FOREX will be a rebound from the resistance line on the Relative Strength Index (RSI) indicator. The second signal would be a bounce off the upper border of the descending channel. The cancellation of the option of USD/CHF depreciation on Forex is a strong rise and a break through the area of 0.8565. This will indicate a breakthrough of the resistance zone and continuation of the USD/CHF quotes growth to the area above the level of 0.8785. Wait for confirmation of the decline in USD/CHF quotes with a breakout through the support area and closing price below the level of 0.8095, which will indicate a breakthrough of the lower boundary of the reversal pattern “Head and Shoulders” and the beginning of implementing the pattern with targets below.
USD/CHF Forecast Dollar Franc for May 28, 2025 anticipates a bullish correction attempt and testing of the resistance area near 0.8365. Subsequently, continuation of the USD/CHF currency pair decline with a target below 0.8035. An additional signal in favor of depreciation is a rebound off the trend line on the Relative Strength Index (RSI) indicator. A rejection of the downward scenario will be strong growth and breaking through the area 0.8565, which would indicate breaking the resistance level and continuation of the pair’s rise with a potential target above 0.8785.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
