USD/CHF forecast & technical analysis on December 7, 2017


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Currency pair Dollar Franc USD/CHF continues to move within the framework of an bullish correction. At this point, we should expect an attempt to test the upper border of the channel near 0.9845 and continue growing with a target above 0.9980.

USD/CHF forecast & technical analysis on December 7, 2017

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). The cancellation of the growth of the USD/CHF pair on FOREX will be the fall and breakdown of the area of ​​0.9710, which will indicate the continuation of the USD/CHF fall in the area below the level of 0.9610.

USD/CHF forecast & technical analysis on December 7, 2017

USD/CHF forecast & technical analysis on December 7, 2017 involves trying to test the level of the upper border of the channel near 0.9845 and continuing the growth of the pair in the area above 0.9980, an additional signal for the growth of the Dollar/Franc pair will test the support line on the indicator of relative strength index (RSI).

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