Currency pair Dollar Franc USD/CHF continues to move within the descending channel. At this point, we should expect an attempt to test the upper border of the channel near the level of 0.9860 and the continuation of the fall of the US dollar against the Swiss Franc with a target below 0.9720.
USD/CHF forecast & technical analysis January 9, 2018
In favor of the growth of the Dollar Franc pair will test the trend line on the indicator of relative strength index (RSI). The cancellation of the USD/CHF fall on the Forex will result in a strong growth and breakdown of the area of 0.9920, which will indicate that the USD/CHF quotes continue to grow above 0.9980.
USD/CHF forecast & technical analysis January 9, 2018 suggests an attempt to test the upper border of the channel near 0.9860 and the continuation of the fall of the pair USD/CHF with a target below 0.9720, an additional signal in favor of the fall of the Dollar/Franc pair will test the trend line on the indicator of relative strength index (RSI).
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