Currency pair Dollar Franc USD/CHF continues to move within the bullish channel. At this point, we should expect an attempt to test the lower border of the channel near the level of 0.9925 and continue the growth above the level of 1.0170. In favor of the growth of the Dollar/Franc pair will perform a test of the support line on the indicator of relative strength index (RSI).
USD/CHF prediction & technical analysis on November 14, 2017
Canceling the growth of the USD/CHF pair on Forex will be the fall and breakdown of the area of 0.9850, which will indicate the breakdown of the lower border of the channel and the continuation of the USD/CHF quotations decline into the area below the level of 0.9750. Expect to accelerate the growth of the pair is with the breakdown of the level of 1.0040.
USD/CHF prediction & technical analysis on November 14, 2017 suggests an attempt to test the lower border of the channel and the continuation of the growth above the level of 1.0170, an additional signal in favor of the growth of the Dollar/Franc pair will test the trend line on the relative strength indicator (RSI), with the breakdown of level 1.0040.
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