The currency pair US Dollar to Swiss Franc USD/CHF continues to trade at the level of formation of the right shoulder of the reversal Forex Head and Shoulder models. It is worth waiting for an attempt to test the area of 0.9930 and continue the growth of the pair.
USD/CHF Forecast US Dollar to Franc on May 3, 2017
In favor of the rebound, a dense test of the ascending trend line will appear on the indicator of relative strength. The cancellation of the variant of growth of quotations of the Dollar Franc pair will be a fall and breakdown of the area of 0.99.
Important news from Switzerland, which may have an impact on the Swiss franc against the US dollar, is not expected, so the pair will continue to move in the technical analysis of USD/CHF.
USD/CHF Forecast US Dollar to Franc on May 3, 2017 involves an attempt to test the area of 0.9930 and continue growth within the rebound from the uptrend line on the indicator of relative strength, the cancellation will be a breakdown of the area 0.99.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
