Currency pair Dollar Franc USD/CHF continues to move within a downward correction. At this point, we should expect an attempt to test the support level near the area of 0.9860 and continue growth with a target above 1.0030. In favor of the growth of the Dollar/Franc pair will perform a test of the support line on the indicator of relative strength index (RSI).
USD/CHF forecast & technical analysis on December 13, 2017
The cancellation of the growth of the USD/CHF pair on Forex will be the fall and breakdown of the area of 0.9830, which will indicate the outflow of the quotes out of the channel and the continuation of the USD/CHF quotations decline to the area below the level of 0.9700.
USD/CHF forecast & technical analysis on December 13, 2017 involves trying to test the support level near 0.9860 and continuing the pair’s growth above 1.0030, an additional signal for the growth of the Dollar/Franc pair will test the support line on the relative strength index (RSI).
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