Currency pair US Dollar to Swiss Franc USD/CHF completes trading week at 0.97. The pair continues to trade below the border of the descending channel. It is worth waiting for a rebound and a test of the broken channel border.
USD/CHF forecast on May 29, 2017 — June 2, 2017
In favor of the growth of the pair US Dollar to Swiss Franc USD/CHF is a tight test of the support area on the indicator of relative strength index (RSI). Near the area of 0.9780, we should expect a rebound and the continuation of the fall of the pair. Cancellation can become a return of quotations inside the channel, which will indicate the continued development of growth.
Important news from Switzerland, which may have an impact on the US Dollar to Swiss Franc USD/CHF, is not expected, so the pair will continue to move in the technical analysis USD/CHF.
USD/CHF forecast on May 29, 2017 — June 2, 2017 suggests an attempt to increase to the area of 0.9780, where we can expect the pair to continue to decline, the breakdown of this level will be canceled, which will indicate the continued growth of the pair USD/CHF.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
