Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9819. The pair continues to move within the correction. Moving averages indicate a bullish. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9765. Further, the continued growth of the pair with a target above the level of 1.0135.
USD/CHF Forecast and Analysis January 14 — 18, 2019
In favor of the growth of the dollar pair Frank will perform a test line of support on the indicator of relative strength index (RSI). Cancellation of the growth option USD/CHF will be the fall and the breakdown of the area of 0.9660. This will indicate the breakdown of the lower boundary of the channel and the continuation of the fall of the pair on Forex. Confirmation of the growth of the pair in the current trading week of January 14 — 18, 2019 will be a breakdown of the upper limit of the downward channel and closing of quotes above the level of 0.9935.
USD/CHF Forecast and Analysis January 14 — 18, 2019 implies an attempt to test the support level near the 0.9765 area. Then continued growth of USD/CHF in the area above the level of 1.0135. In favor of growth will make a test trend line on the indicator of relative strength index (RSI). Cancellation of the growth option USD/CHF will be the breakdown of the support area and closing of quotes below the level of 0.9660. This will indicate a continuation of the fall of the pair.
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