Currency pair Dollar Franc USD/CHF continues to move within the bearish channel. At this point, we should expect an attempt to correct the pair in the region at 0.9370 and the continuation of the fall of the US Dollar against the Swiss Franc with a target below 0.9180.
USD/CHF forecast & technical analysis January 30, 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 result in a strong growth and breakout of the area of 0.9520, which will indicate that the USD/CHF quotes continue to rise above 0.9680.
USD/CHF forecast & technical analysis January 30, 2018 suggests a 0.9370 test and continuation of the fall of the pair USD/CHF with a target below 0.9180, an additional signal in favor of the fall of the Dollar/Franc pair will be a test of the trend line on the indicator of relative strength index (RSI).
