Currency pair US Dollar to Swiss Franc USD/CHF continues to trade within a strong bearish momentum. At the moment, quotes are testing the area of the lower border of the descending channel. You should expect a rebound and try the test area of 0.9850.
USD/CHF prediction Swiss Franc on May 19, 2017
In favor of the growth of the pair US Dollar to Swiss Franc is the test of the support area on the initiator of relative strength index (RSI). Cancellation of the growth option will be the fall of the breakdown of the area of 0.9740, which will indicate the acceleration of falling quotations of the US Dollar to Swiss Franc on Forex.
Important news from Switzerland, which may have an impact on the US Dollar to Swiss Franc, is not expected, so the pair will continue to move in the technical analysis of USD/CHF.
USD/CHF prediction Swiss Franc on May 19, 2017 suggests a rebound from the lower border of the channel with a potential growth target above 0.9865, cancellation will be the breakdown of the area will be 0.9740.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
