Currency pair USD / CHF is making desperate attempts to continue to grow after a two week break. Currently analysts define intraday reversals in points (S1) 0,9400; (P) 0,9440; (R1) 0,9465. Experts still expect that in the region of 0.9300 / 9395 define strong support, which will create stability support to complete the correction of the level of 0.9688.
 

 THE SWISS FRANC closed higher on Friday as it consolidates some of this week's decline. The midrange close sets the stage for a steady opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish hinting that a high might be in or is near. Closes below the 20day moving average crossing are needed to confirm that a shortterm bottom has been posted. If it resumes the rally off May's low, the reaction hgh crossing is the next upside target.

As it became known, the US new home sales totaled 0.481m in March against forecasted 0.513m. The manufacturing sector activity index by Markit reached 54.2 in April against forecasted 55.5.
The price is finding the first support at 0.9540, the next one is at 0.9370. The price is finding the first resistance at 0.9750, the next one is at 0.9950.

There is a confirmed and a strong sell signal. The price is under the Cloud and it is under the Chinkou Span. The Tenkan-sen shows a downward movement and the Kijun-sen shows a horizontal movement and form a “Dead Cross”. The downward movement will be until the price is under the Cloud.
The MACD indicator is in a neutral territory. The price is consolidating.

THE SWISS FRANC closed lower on Thursday and below the 10day moving average crossing confirming that a shortterm high has been posted. The lowrange close sets the stage for a steady to lower opening when Friday's night session begins trading.

Stochastics and the RSI are turning neutral to bearish signalling that sideways to lower prices are possible nearterm. If it extends this week's decline, the reaction low crossing is the next downside target.

Swiss franc again recaptures lost ground against the dollar the United States. On Wednesday, after the beginning of the American session, the pair USD / CHF fell by about 200 points, reinforcing a pullback from reached at last week highs. According to experts, the main role is played by changes in the dollar against other major currencies. Since Thursday and Friday will continue to yield important economic news from the United States, there remains the prospect of intrigue pair USD / CHF. Analysts have identified point intraday reversal levels (S1) 0,9485; (P) 0,9519; (R1) 0,9571. "Taking into account the stability of the financial instrument fluctuation range can be seen as big enough," - said the analysts of the Forex Broker Company Nas broker.