Currency pair Dollar Franc USD/CHF continues to move within the correction. At this point, we should expect an attempt to test the bottom of the channel near the level of 0.9460 and the continued growth of the US Dollar against the Swiss Franc with a target above 0.9620.
USD/CHF forecast & technical analysis March 23, 2018
In favor of the growth of the Dollar Franc pair will perform a test of the support line on the indicator of strength index (RSI). The cancellation of the growth of the USD/CHF pair on Forex will be the fall and breakdown of the area of 0.9420, which will indicate the breakdown of the lower border of the rising channel and the continuation of the USD/CHF fall in the area below the level of 0.9320. To expect confirmation of the growth of USD/CHF quotes stands with the breakdown of the upper border of the channel and the closing above the level of 0.9630.
USD/CHF forecast & technical analysis March 23, 2018 suggests an attempt to test the lower border of the channel near the level of 0.9460 and the continued growth of the pair USD/CHF with a target above 0.9620, an additional signal in favor of the growth of the Dollar/Franc pair will test the trend line on the indicator of the strength index (RSI).
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
