USD/CHF weekly forecast on November 6 — 10, 2017


Currency pair USD/CHF Dollar Franc completes the trading week near the level of 1.00. At the moment, we should expect an attempt to test the lower border of the channel and continue growth with the target near the level of 1.0250. In favor of the growth of the Dollar/Franc pair will perform a test of the support line on the indicator of relative strength index (RSI).

USD/CHF weekly forecast on November 6 — 10, 2017

Cancellation of the USD/CHF growth scenario will be the fall and breakdown of the area of ​​0.9850, which will indicate the continued decline in the pair on Forex.

USD/CHF weekly forecast on November 6 — 10, 2017

Among the important news from Switzerland, which may have an impact on the Swiss Franc against the US Dollar, it is worth highlighting: Speech by the head of the Swiss National Bank.

USD/CHF weekly forecast on November 6 — 10, 2017 assumes an attempt to test the lower border of the channel and continue growth to the area above 1.0250, in favor of growth will test the support line on the indicator of relative strength index (RSI), the cancellation of the USD/CHF growth scenario will be a breakdown at the level of 0.9850.


Join our Telegram Channel


Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link

Post Comment