Forex Forecast USD CHF Swiss Franc on October 31, 2016


The currency pair USD CHF continues to trade within the upward channel and is currently testing the support area of dense, indicating a likely bounce up and development of an upward movement in order to increase quotations pair above the level of 1.01. An additional signal in favor of the growth of quotations USD CHF testing the rising trend line on the indicator of relative strength. We try to buy the pair usdchf the tight stop.

Forex Forecast USD CHF Swiss Franc on October 31, 2016

Forex Forecast USD CHF Swiss Franc on October 31, 2016

Cancellation option will drop in prices and a break of the rising channel’s lower border, which will point to the continued decline in the area below the level of 0.98.

Forex Forecast USD CHF Swiss Franc on October 31, 2016 suggests an attempt to increase within the support area for the purpose of a rebound above the level of 1.01; the cancellation will be the quotation leaves the channel.


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