Currency pair Dollar Franc USD/CHF continues to move within the limits of the decline. At the moment, we should expect a test of the level of 0.9750 and continuation of the fall of quotations in the area below the level of 0.9580. In favor of reducing the Dollar/Franc pair is the breakdown of the support line on the indicator of relative strength index (RSI).
USD/CHF prediction & technical analysis on October 13, 2017
The cancellation of the USD/CHF fall on the FOREX will be a strong growth and breakdown of the area of 0.9870, which will indicate a breakdown of resistance and the continuation of the USD/CHF quotes above the 0.9970 area.
USD/CHF prediction & technical analysis on October 13, 2017 suggests an attempt to fall the pair with the target near the area of 0.9580, an additional signal is the breakdown of the trend line on the relative strength indicator (RSI), as well as the formation of the bearish wave model of Wolfe.