Currency pair Dollar Franc USD/CHF continues to move in decline. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9752. At the moment, we should expect an attempt to fall and test the support area near the level of 0.9715. Then, continued growth of the US Dollar against the Swiss Franc with the goal above the level of 0.9915.
USD/CHF Forecast Dollar Franc January 11, 2019
In favor of raising the pair Dollar/Franc will test a rising trend line on the indicator of relative strength index (RSI). As well as the formation of the ascending model «Wolf Wave». Cancellation of the growth option of the USD/CHF pair on Forex will be a fall and a breakdown of the area of 0.9665. This will indicate a breakdown of the support area and continued growth of the USD/CHF quotes to the area below the level of 0.9535. Waiting for confirmation of the growth of the USD/CHF quotes is with the breakdown of the resistance area and closing above the level of 0.9815.
USD/CHF Forecast Dollar Franc January 11, 2019 implies an attempt to test the support area near the level of 0.9715. Further, the continued growth of the pair USD/CHF with the goal above the level of 0.9915. An additional signal in favor of raising the pair Dollar/Franc will be the test of the support line on the relative strength indicator. Cancellation of the growth option will be the fall and the breakdown of the area of 0.9665. This will indicate a breakdown of the support area and the continuation of the pair fall.