Currency pair USD/CHF Dollar/Franc completes trading week near the level of 0.9890. At the moment, we should expect the test of the support area test near the level of 0.9830 and the continued growth of the pair with a target above the level of 1.0300.
USD/CHF weekly forecast July 9 — 13, 2018
In favor of the growth of the Dollar/Franc pair will test the trend line on the indicator of relative strength index (RSI). Cancellation of the USD/CHF growth scenario will be the fall and breakdown of the area of 0.9700, which will indicate the breakdown of the upper border of the channel and the continued fall of the pair to Forex. Confirmation of the growth of the pair will be a breakdown of the upper limit of the model «Triangle» and the closing of quotes above the level of 1.0030.
USD/CHF weekly forecast July 9 — 13, 2018 assumes an attempt to test the support level near the area of 0.9830 and continue the growth of USD/CHF to the area above the level of 1.0300, in favor of growth, an uptrend test on the relative strength index (RSI).
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