Currency pair Dollar Franc USD/CHF continues to move in the fall. At the moment, we should expect an attempt to test the upper border of the channel near the area of 0.9675 and the continuation of the fall of the US Dollar against the Swiss Franc with a target below 0.9520.
USD/CHF forecast & technical analysis January 16, 2018
In favor of the fall of the pair, the Dollar/Franc will perform a resistance line test on the relative strength index (RSI). The cancellation of the fall of the USD/CHF pair on FOREX will be strong growth and breakdown of the area of 0.9710, which will indicate the continued growth of USD/CHF quotations to the area above the level of 0.9790.
USD/CHF forecast & technical analysis January 16, 2018 suggests an attempt to test the upper border of the channel near the level of 0.9675 and the continuation of the fall of the pair USD/CHF with a target below 0.9520, an additional signal in favor of the fall of the Dollar/Franc pair will test the resistance line on the relative strength index (RSI).
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