# USD/CHF Head and Shoulders Pattern (May 30, 2013) Source: https://www.tradersway.com/resources/market-info/usd-chf-head-and-shoulders-pattern-may-30-2013/ Language: en Updated: 2013-05-30 Description: Explore USD/CHF Head and Shoulders Pattern (May 30, 2013). On its. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. On its 4-hour time frame, USD/CHF seems to have formed a head and shoulders pattern, indicating a potential reversal from the pair’s rallies earlier this year. The Swiss GDP is set for release and the economy is expected to have grown by 0.2% for the first quarter of the year. Later on, the U.S. will release its preliminary GDP report but is expected to make no changes to its 2.5% growth rate. ![USD/CHF Head and Shoulders Pattern (May 30, 2013)] However, stronger than expected Swiss GDP and a downward revision in U.S. GDP could trigger a sharp breakdown from the neckline of the formation around .9600. On the other hand, weak Swiss GDP and an upward revision in U.S. GDP could set off a bounce back to the .9700 area. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/usd-chf-head-and-shoulders-pattern-may-30-2013/#primary", "url": "https://www.tradersway.com/resources/market-info/usd-chf-head-and-shoulders-pattern-may-30-2013/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/usd-chf-head-and-shoulders-pattern-may-30-2013/", "headline": "USD/CHF Head and Shoulders Pattern (May 30, 2013)", "inLanguage": "en", "datePublished": "2013-05-30T11:42:55+00:00", "dateModified": "2013-05-30T11:42:55+00:00", "articleSection": "Market Info", "description": "Explore USD/CHF Head and Shoulders Pattern (May 30, 2013). On its. 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