Currency pair Dollar Franc USD/CHF continues to move within the framework of growth. At the moment, we should expect a test of the level of 0.9870 and an attempt to drop the quotations in the area below the level of 0.9620. In favor of reducing the Dollar/Franc pair is the resistance line test on the relative strength indicator (RSI).
USD/CHF prediction & technical analysis on October 19, 2017
Canceling the fall of the USD/CHF pair on Forex will be a strong growth and breakout of the area of 0.9920, which will indicate a breakdown of the resistance level and the continuation of USD/CHF quotes above the 0.9990 area. Expect the acceleration of falling quotations is with the breakdown of the lower border of the channel and the closing below the level of 0.9690.
USD/CHF prediction & technical analysis on October 19, 2017 involves an attempt to test the area of 0.9870 and the beginning of the fall into the area below the level of 0.9620, an additional signal in favor of the decline will be a test of the trend line on the indicator of relative strength index (RSI).