Currency pair Dollar Franc USD/CHF continues to move within a bearish correction. At the moment, we should expect an attempt at 0.9900 level and continue growing above 1.0070. In favor of the growth of the Dollar/Franc pair will perform a test of the broken support line on the indicator of relative strength index (RSI), as well as the formation of an inverted «Head and Shoulders» model.
USD/CHF prediction & technical analysis on November 21, 2017
The cancellation of the growth of the USD/CHF pair on Forex will be the fall and the breakdown of the area of 0.9830, which will indicate the breakdown of the rising channel and the continuation of the USD/CHF quotations decrease to the area below the level of 0.9720. Expect to accelerate the growth of the pair is with a breakdown level of 0.9960.
USD/CHF prediction & technical analysis on November 21, 2017 assumes a test of 0.9900 level and the continuation of growth to 1.0070 area, an additional signal for the growth of the Dollar/Franc pair will be a test of the support line on the relative strength indicator (RSI).
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