Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9899. At this point, we should expect an attempt to test the support area near the level of 0.9820 and continue the growth of the pair with a target above the level of 1.0250.
USD/CHF weekly forecast June 25 — 29, 2018
In favor of the growth of the Dollar/Franc, a trend line test will be performed on the relative strength index (RSI), as well as the upper limit of the bearish channel. 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 25 — 29, 2018 assumes an attempt to test the support level near the area of 0.9820 and the continuation of the USD/CHF growth to the area above the level of 1.0250, in favor of growth, a bullish trendline test on the relative strength index (RSI).
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