Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 1.0069. The pair continues to move in growth. At the moment, we should expect an attempt to decrease and test the support area near the level of 0.9925. Further, the continuation of the growth of the pair with the target above level 1.0310.
USD/CHF weekly forecast & analysis November 19 — 23, 2018
In favor of the growth of the Dollar/Franc will test the trend line on the indicator of relative strength index (RSI). As well as a rebound from the lower boundary of the bullish channel. Cancellation of the growth option USD/CHF will be the fall and the breakdown of the area of 0.9795. This will indicate a breakdown of the lower boundary of the channel and the continuation of the fall of the pair on Forex. Confirmation of the growth of the pair in the current trading week on November 19 – 23, 2018 will be a breakdown of the resistance area and closing of quotes above the level of 1.0120.
USD/CHF weekly forecast & analysis November 19 — 23, 2018 implies an attempt to test the support level near the area of 0.9925. Then continued growth of USD/CHF in the area above the level of 1.0310. In favor of growth will make a test trend line on the indicator of relative strength index (RSI). Cancellation of the growth option USD/CHF will be a breakdown of the support area and closing of quotes below the level of 0.9795. This will indicate a continuation of the pair’s fall.
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