USD/CHF technical analysis & signals on June 21, 2017


Currency pair US Dollar to Swiss Franc USD/CHF continues to trade as part of the formation of the reversal model inverted «Head and Shoulders». It is worth waiting for an attempt to fall into the area below the level of 0.9680, where again it is worth trying to buy a pair with a close stop.

USD/CHF technical analysis & signals on June 21, 2017

The cancellation of the variant of growth of quotations of the pair Dollar/Franc will be the fall and breakdown of the local minimum area. In favor of the growth of the pair USD/CHF will test the support line on the indicator of relative strength index (RSI).

USD/CHF technical analysis & signals on June 21, 2017

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 USD/CHF.

USD/CHF technical analysis & signals on June 21, 2017 suggests an attempt to complete the formation of the reversal pattern and continue growth to the area above 0.99, the breakdown will be a breakdown of the local minimum area, which indicates that the pair will continue to decline.


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