Currency pair Dollar Franc USD/CHF continues to move in the framework of the upward correction. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9995. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 1.0015. Then, the continuation of the fall of the US Dollar against the Swiss Franc with a target below the level of 0.9865.
USD/CHF forecast Dollar Franc November 28, 2018
In favor of reducing the pair Dollar/Franc will test a bearish trend line on the indicator of relative strength index (RSI). Cancellation of the option of reducing the pair USD/CHF on FOREX will be a strong growth and the breakdown of the area of 1.0055. This will indicate a breakdown of the resistance area and continued growth of the USD/CHF quotes to the area above the level of 1.0150. Waiting for confirmation of a decline in USD/CHF quotes is with the breakdown of the lower boundary of the ascending channel and closing below the level of 0.9955.
USD/CHF forecast Dollar Franc November 28, 2018 implies an attempt to test the resistance area near the level of 1.0015. Further, the continuation of the fall of the pair USD/CHF with the goal below the level of 0.9865. An additional signal in favor of reducing the pair Dollar/Franc will be a test of the trend line on the indicator of relative strength index (RSI). Cancellation of the fall option will be a strong growth and the breakdown of the 1.0055 area. This will indicate a breakdown of the resistance level and continued growth of the pair.
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