Currency pair Dollar Franc USD/CHF continues to move in the fall. At this point, we should expect an attempt to test the upper border of the channel near the area of 0.9800 and the continuation of the fall of the US Dollar against the Swiss Franc.
USD/CHF forecast & technical analysis January 3, 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 growth of the USD/CHF pair on Forex will be the fall and the breakdown of the area of 0.9680, which will indicate the continuation of the USD/CHF falling in the area below the level of 0.9600.
USD/CHF forecast & technical analysis January 3, 2018 suggests a test of the test is more accurate than the channel near 0.9800 and continuation of the fall of the pair USD/CHF, an additional signal in favor of the fall of the Dollar/Franc pair will test the trend line on the indicator of relative strength index (RSI).