Currency pair Dollar Franc USD/CHF continues to move within the limits of the decline. At the moment, we expect the pair to grow and the test level of 0.9620. In favor of the growth of the Dollar Frank pair is the breakdown of the resistance line on the indicator of relative strength index (RSI).
USD/CHF forecast Dollar Franc on September 12, 2017
Expect the acceleration of the pair’s growth. Dollar Frank is the breakdown of the upper limit of the downward channel and the closing of quotes above the level of 0.9530. The cancellation of the growth of the USD/CHF pair on Forex will be the fall and breakdown of the area of 0.9400, which will indicate the continuation of the decline in quotations below the area of 0.9350.
Important news from Switzerland, which may have an impact on the Swiss Franc against the US Dollar, is not expected, so the pair will continue to move in the technical analysis USD/CHF.
USD/CHF forecast Dollar Franc on September 12, 2017 suggests an attempt to increase above the 0.9620 level within the rebound from the support line on the relative strength indicator (RSI), the breakdown of the local minimum area breakout and the closing of quotes below 0.94.
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