Currency pair Dollar Franc USD/CHF ends the trading week near the level of 0.8240. The pair continues movement within the development of a decline and began to implement the pattern “Triangle”. Moving averages indicate the presence of bearish trend. Prices broke through the area between signal lines downwards, indicating pressure from the sellers of the American currency and potential continuation of the fall of the instrument already from current levels. At this moment, it is advisable to expect an attempt for development of a bullish price correction and test the resistance area close to the level of 0.8365. Further, bounce down and try to continue the decline in the currency pair with potential target above the level of 0.7625.
USD/CHF Weekly Forecast June 2 — 6, 2025
Additional signals for the fall of the currency pair Dollar Franc will be when it tests the bear trend line on the Relative Strength Index (RSI). The second signal will be a bounce off the lower boundary of the “Triangle” model. Cancellation of the USD/CHF decline option for the current trading week would be strong upward price action and breaking through the area of 0.8655. This will indicate a break above the resistance area and continued growth of the pair on Forex with a target above the area of 0.8925. Confirmation that the pair is falling during the current trading week from June 2 – 6, 2025 will be a breakthrough support region and closing prices below level 0.8105.
USDCHF Weekly Forecast June 2 — 6, 2025 anticipates an attempt at developing a bullish correction and testing the resistance level near the area of 0.8365. Then, continuation of the USD/CHF pair’s fall into the region below the level of 0.7625. A decline in favor will be indicated by testing the trend line on the Relative Strength Index (RSI) indicator. Rejection of the USD/CHF drop scenario will occur upon breaking through the resistance area and closing quotes above the level of 0.8655, indicating continued growth of the pair with a potential target higher than the level of 0.8925.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
