USD CHF weekly outlook for 6 to 10 june 2016

USD CHF weekly outlook for 6 to 10 june 2016 Usd chf pair this week closed with heavy loss at 0.9750. After last 4 weeks rally dollar finally give up on fresh selling ahead of fed decision. This week’s move wiped out last 2 weeks gains.   For next week, usd chf outlook will be bearish mean Swiss franc will continue to remain strong. On downside usd chf weekly support zones are 0.96 and 0.95 and these are target levels also.   On upside 0.9825 and 0.9950 are strong weekly resistances as well as fresh short entry zones on bounce back.   Usd chf monthly chart price pattern suggesting franc is heading towards 92-91 levels.

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Pramod Baviskar

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