USD/CHF weekly forecast on January 15 — 19, 2018


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Currency pair USD/CHF Dollar Franc completes trading week near the level of 0.9726. At the moment, we should expect a test of the support level near 0.9650 and the continued growth of the pair with a target above 1.0050. In favor of the growth of the Dollar/Franc pair is the test of the support area on the indicator of relative strength, index (RSI) as well as the formation of the depraved «Head and Shoulders» model on the indicator.

USD/CHF weekly forecast on January 15 — 19, 2018

Cancellation of the USD/CHF growth scenario will be the fall and breakdown of the area of ​​0.9500, which will indicate the continued decline in the pair on FOREX.

USD/CHF weekly forecast on January 15 — 19, 2018

USD/CHF weekly forecast on January 15 — 19, 2018 suggests a test of the support level near 0.9650 and the beginning of the USD/CHF growth to the area above the level of 1.0050, in favor of the pair’s growth is the test of the support area on the indicator of relative strength index (RSI), the cancellation will be a breakdown at the level of 0.9500, which indicates the continuation of the decline.

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