Currency pair Dollar Franc USD/CHF continues to move as part of growth. At the time of publication of the forecast, the exchange rate of the US Dollar to the Swiss Franc is 1.0091. At the moment, we should expect an attempt to test the resistance area near the level of 1.0130. Then, the continuation of the fall of the US Dollar against the Swiss Franc with a target below the level of 1.0010.
USD/CHF forecast Dollar Franc November 14, 2018
In favor of reducing the pair Dollar/Franc will test a downward trend line on the indicator of relative strength index (RSI). As well as the formation of a bearish model «Shark». Cancellation of the fall of the USD/CHF pair on Forex will be a strong growth and the breakdown of the 1.0190 area. This will indicate a breakdown of the upper boundary of the channel and continued growth of the USD/CHF quotes to the area above the level of 1.0280. USD/CHF quotes are expected to accelerate with the breakdown of the support area and closing below 1.0065.
USD/CHF forecast Dollar Franc November 14, 2018 involves an attempt to test the resistance area near the level of 1.0130. Further, the continuation of the decline of the pair USD/CHF with the goal below the level of 1.0010. An additional signal in favor of the fall of the pair Dollar Franc will be a test of the trend line on the indicator of relative strength index (RSI). Cancellation of the reduction option will be a strong growth and the breakdown of the area 1.0190. This will indicate a breakdown of the resistance level and continued growth of the pair.
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