Currency pair USD/CHF Dollar Franc completes trading week near the level of 0.9765. At the moment, we should expect an attempt to test the level of 0.9730 and continue the growth of the pair with a goal above 1.02 as part of the start of the development of the «Head and Shoulders» reversal model.
USD/CHF weekly forecast on on December 4 — 8, 2017
In favor of the growth of the Dollar/Franc pair is the test of the support line on the indicator of relative strength index (RSI). The cancellation of the USD/CHF growth scenario will be the fall and breakdown of the area of 0.9540, which will indicate the continued decline in the pair on FOREX.
USD/CHF weekly forecast on on December 4 — 8, 2017 involves an attempt to test the level of 0.9730 and the beginning of USD/CHF growth in the area above the level of 1.02, in favor of the pair’s growth is the test of the support line on the indicator of relative strength index (RSI), the cancellation of the USD/CHF growth option there will be a breakdown at the level of 0.9540.
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