CHF Swiss Franc – Swiss Franc’s uptrend is expected to be limited

USD/CHF trend, RSI and stochastic index have fallen to the oversold area, it is expected that the current decline of USD/CHF may slow down slightly; the nearest support is expected to be 0.8180 and 0.81, and the next level is expected to be 0.80 mark. The resistance level looks back at 0.8350 and 0.85 levels, and further to 0.8670 and 0.8850.

Estimated range:
Resistance 0.8350 – 0.8500 – 0.8670 – 0.8850
Support 0.8180 – 0.8100 – 0.8000*

Focus:
Friday: Swiss KOF Leading Index for May (15:00)
 

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