The currency pair usd/chf held the current trading week sideways. Quotes are still testing the upper limit of the downward channel. We look forward to the beginning of the descending pattern of 1:1 in order to fall to below 0.92.
USD/CHF Forecast May 30, 2016 — June 3, 2016
Cancellation option will increase in quotes USD/CHF above 1.00 levels, which might push further up. An additional signal in favor of the falling dollar couple franc also stands the test downward trend line on the indicator of relative strength.
USD/CHF Forecast May 30, 2016 — June 3, 2016 indicates a potential drop in the rebound from the upper boundary of the descending pattern is 1:1.
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