Currency pair Dollar Franc USD/CHF continues to move within the bearish channel. At the moment, we should expect an attempt to test the upper border of the channel near 0.9865 and continue falling below 0.9720. In favor of the fall of the pair, the Dollar/Franc will perform a resistance line test on the relative strength index (RSI).
USD/CHF prediction & technical analysis on December 1, 2017
Canceling the fall of the USD / CHF pair on Forex will be the growth and breakdown of the area 0.9920, which will indicate the breakdown of the upper border of the channel and the continuation of the USD/CHF quotations growth to the area above the level of 1.0050. Expect to accelerate the fall of the pair is with the breakdown of the level of 0.9740.
USD/CHF prediction & technical analysis on December 1, 2017 suggests an attempt to test the upper border of the channel near 0.9865 and the continuation of the fall of the pair into the area below the level of 0.9720, an additional signal in favor of the fall of the Dollar/Franc pair will test the downward trend line on the indicator of relative strength index (RSI).
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