Currency pair Dollar Franc USD/CHF continues to move within the framework of the «Bullish Triangle» model formation. At this point, you should expect to try the test level of 0.9970 and continue growing above the level of 1.0205.
USD/CHF prediction & technical analysis on November 7, 2017
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). The cancellation of the growth of the USD/CHF pair on Forex will be the fall and breakdown of the area of 0.9910, which will indicate that the USD/CHF rate will continue to fall below 0.9860.
USD/CHF prediction & technical analysis on November 7, 2017 suggests a rebound from the lower bound of the «Bullish Triangle» model and the continuation of growth above the level of 1.0205, an additional signal for the growth of the Dollar/Franc pair will be a test of the trend line on the indicator of relative strength index (RSI).
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