USD/CHF prediction & technical analysis on September 27, 2017


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Currency pair Dollar Franc USD/CHF continues to move within the flat trend. 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 (RSI), as well as the formation of the bearish wave model of Wolfe.

USD/CHF prediction & technical analysis on September 27, 2017

The target of testing the Wolfe wave model is below the level of 0.9350. Expect to accelerate the fall of the pair The 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.

USD/CHF prediction & technical analysis on September 27, 2017

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 27, 2017 suggests a fall attempt as part of the starting of the bearish Wolfe wave model with the first drop target near the 0.9550 area, the breakdown of the decline option will be a breakdown at 0.9780, indicating that the pair will continue to grow.

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