Currency pair Dollar Franc USD/CHF continues to move within the framework of growth. At this point, we should expect a rebound from the resistance level and falling quotes below the area of 0.9550. In favor of the fall of the Dollar/Franc pair is the resistance line test on the relative strength indicator, as well as the formation of the bearish wave model of Wolfe.
USD/CHF prediction & technical analysis on September 26, 2017
The target of testing the Wolfe wave model is below the level of 0.9350. Expect to accelerate the fall of the pair Dollar/Franc stands with a breakdown of the level of 0.9680. Canceling the option of reducing the pair USD/CHF on Forex will be strong growth and breakdown of the area of 0.9780, which will indicate the breakdown of the resistance level and the continuation of the growth of quotations above the area of 0.9950.
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 26, 2017 suggests an attempt to fall as part of the starting of the bearish wave model of Wolfe with the first target of falling near the area of 0.9550, the cancellation of the decline option will be a breakdown at the level of 0.9780.
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