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 0.9820 and an attempt to drop 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 20, 2017
The cancellation of the USD/CHF fall on the FOREX will be a strong growth and the breakdown of the area of 0.9880, which will indicate the breakdown of the resistance area and the continuation of the USD/CHF quotations above 0.9990. Expect to accelerate the fall of quotations is with the breakdown of the lower boundary of the channel and closing below the level of 0.9750.
USD/CHF prediction & technical analysis on October 20, 2017 involves an attempt to test the area of 0.9820 and the beginning of the fall into the area below the level of 0.9620, an additional signal in favor of the decline is the trend line test on the relative strength indicator (RSI).