Currency pair USD/CHF Dollar Franc completes the trading week near the level of 0.9874. At the moment, we should expect an attempt to test the level of 0.9790 and continue the growth of the pair with a target above 1.0270 as part of the start of the development of the «Head and Shoulders» reversal model.
USD/CHF weekly forecast on December 18 — 22, 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). Cancellation of the USD/CHF growth scenario will be the fall and breakdown of the area of 0.9640, which will indicate the continued decline of the pair on FOREX and the cancellation of the reversal pattern.
USD/CHF weekly forecast on December 18 — 22, 2017 involves an attempt to test the level of 0.9790 and the beginning of the USD/CHF growth to the area above the level of 1.0270, in favor of the pair’s growth is the support line test on the relative strength index (RSI).
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
