Currency pair Dollar Franc USD/CHF continues to move within the bullish channel. At this point, we should expect an attempt to test the support level near the area of 0.9650 and continue the growth of the US Dollar against the Swiss Franc with a target above the level of 0.9820.
USD/CHF forecast & technical analysis April 20, 2018
In favor of the growth of the Dollar/Franc pair will test the trend line on the indicator of relative strength index (RSI). The cancellation of the growth of the USD/CHF pair on Forex will be the fall and the breakdown of the area of 0.9610, which will indicate the breakdown of the lower border of the bullish channel and the continuation of the USD/CHF falling below 0.9405. To expect confirmation of the growth of USD/CHF quotations stands with the breakdown of the resistance area and the closing above the level of 0.9745.
USD/CHF forecast & technical analysis April 20, 2018 suggests an attempt to test the support area near the level of 0.96450 and the continued growth of the pair USD/CHF with a target above 0.9820, an additional signal for the growth of the Dollar/Franc pair will test the trend line on the relative strength index (RSI), the cancellation of the growth option will be the fall and breakdown of the area of 0.9610.
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