Currency pair Dollar Franc USD/CHF continues to move within the framework of growth. At the moment, we should expect a rebound from the level of resistance and falling quotes below the area of 0.96. In favor of the fall of the Dollar/Franc pair is the resistance line test on the relative strength indicator (RSI), as well as the formation of the bearish wave model of Wolfe.
USD/CHF prediction & technical analysis on September 22, 2017
Expect the acceleration of the fall of the pair Dollar/Franc stands with the breakdown of the level of 0.9700. Canceling the option of reducing the pair USD/CHF on Forex will be a strong growth and breakdown of the area of 0.9780, which will indicate the continued growth of quotations above the area of 0.9850.
Important news from Switzerland, which may have an impact on the USD/CHF, is not expected, so the pair will continue to move in the technical analysis.
USD/CHF prediction & technical analysis on September 22, 2017 suggests a fall attempt as part of the starting of the bearish wave model of Wolfe with the potential drop target near the area of 0.9430, the breakdown of the decline option will be a breakdown at the level of 0.9780.
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