Currency pair USD/CHF Dollar Franc closes the trading week near the level of 0.9604. At the moment, we should expect an attempt to test the resistance area near the level of 0.9660 and continue the fall of the pair with a target below 0.9270.
USD/CHF weekly forecast April 9 — 13, 2018
In favor of the fall of the pair Dollar Franc will perform a trend line test on the indicator of relative strength index (RSI). The cancellation of the USD/CHF decline option will result in a strong growth and breakdown of the area of 0.9800, which will indicate the breakdown of the upper limit of the bearish channel and the continued growth of the pair on Forex. Confirmation of the fall of the pair will be the breakdown of the support area and the closing of quotes below the area of 0.9450.
USD/CHF weekly forecast April 9 — 13, 2018 suggests a test of the resistance level near the area of 0.9660 and the continuation of the USD/CHF fall below 0.9270, in favor of the fall, a trend line test will be performed on the relative strength index (RSI).
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