Currency pair Dollar Franc USD/CHF continues to move within the bearish channel. At this point, we should expect an attempt to test the upper border of the channel near 0.9875 and continue falling below 0.9750. In favor of the fall of the pair, Dollar/Frank will test the resistance area on the relative strength index (RSI).
USD/CHF prediction & technical analysis on November 29, 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 November 29, 2017 suggests an attempt to test the upper border of the channel near 0.9875 and the continuation of the fall of the pair into the area below the level of 0.9700, an additional signal in favor of the fall of the Dollar/Franc pair will be a resistance test on the relative strength index (RSI).
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