Currency pair Dollar Franc USD/CHF continues to move within the descending channel. At the moment, we should expect an attempt to grow to the upper channel near the level of 0.9680 and the continuation of the fall of the US Dollar against the Swiss Franc with a target below 0.9390.
USD/CHF forecast & technical analysis January 23, 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 USD/CHF fall on the FOREX will result in a strong growth and breakdown of the area of 0.9730, which will indicate that the USD/CHF rate will continue to rise to the level above 0.9840.
USD/CHF forecast & technical analysis January 23, 2018 suggests an attempt to test the upper border of the channel near the level of 0.9680 and the continuation of the fall of the pair USD/CHF with a target below 0.9380, an additional signal in favor of the fall of the Dollar Franc pair will test the trend line on the relative strength index (RSI).
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