Currency pair USD/CHF Dollar Franc closes the trading week near the level of 0.9495. At this point, we should expect an attempt to test the resistance area near the level of 0.9540 and continue the fall of the pair with a target below 0.9150. In favor of the fall of the pair, the Dollar/Franc will test the resistance area on the relative strength index (RSI), as well as the formation of the bearish model «Wolfe Wave».
USD/CHF weekly forecast on March 12 — 16, 2018
The cancellation of the USD/CHF decline option will result in a strong growth and breakdown of the area of 0.9650, which will indicate the breakdown of the resistance area and the continued growth of the pair on Forex.
USD/CHF weekly forecast on March 12 — 16, 2018 suggests a test of the resistance level near the area of 0.9540 and the continuation of the fall of USD/CHF to the area below the level of 0.9150, in favor of the drop will perform a test of the resistance area on the indicator of relative strength index (RSI), USD/CHF will break through the resistance area and close the quotes above 0.9650, which will indicate continued growth.
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