Currency pair USD/CHF Dollar Franc closes the trading week near the level of 0.9946. At the moment, we should expect the test of the support area test near the 0.9910 level and the continued growth of the pair with a target above the level of 1.0350.
USD/CHF weekly forecast June 18 — 22, 2018
In favor of the growth of the Dollar/Franc pair will perform a test of the support area on the relative strength index (RSI), as well as the upper bound of the «Flag» model. Cancellation of the USD/CHF growth scenario will be the fall and breakdown of the area of 0.9650, 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 break through the resistance area and the closing of quotes above the level of 1.0080.
USD/CHF weekly forecast June 18 — 22, 2018 assumes a test of the support level near the 0.9910 area and the continuation of the USD/CHF growth to the area above the level of 1.0350, in favor of growth, an uptrend line test will be performed on the relative strength index (RSI).
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