Currency pair USD/CHF Dollar Franc completes trading week near the level of 0.9995. At the moment, the pair is testing the resistance area. It is worth waiting for a rebound and a fall attempt with a target close to the level of 0.9820 within the framework of the formation of the reversal pattern. Near 0.9820 again we should expect the continuation of growth with a target above 1.0250.
USD/CHF forecast on October 30 — November 3, 2017
In favor of the fall of the Dollar/Franc pair from current levels is the resistance line test on the relative strength indicator (RSI). The abolition of the decline option will be a strong growth and breakdown of the 1.01 area, which will indicate the continued growth of the pair on Forex.
USD/CHF forecast on October 30 — November 3, 2017 suggests an attempt to fall into the support area at 0.9820, where again we should expect further growth, in favor of the decline is the resistance line test on the relative strength indicator (RSI), the cancellation of the USD/CHF fall breakdown at level 1.01.
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