Currency pair USD/CHF Dollar Franc completes trading week near the level of 0.9739. the pair continues to test the resistance area. It is worth waiting for an attempt to continue the decline with a target below 0.9550. In favor of reducing the Dollar/Franc pair is the resistance area test on the relative strength indicator (RSI).
USD/CHF weekly forecast on October 16 — 20, 2017
Cancellation of the fall variant will be a strong growth and breakdown of the area 0.9910, which will indicate the continued growth of the pair on Forex.
Important news from Switzerland, which could have an impact on the Swiss Franc against the US dollar, is not expected, so the pair will continue to move in the technical analysis of USD/CHF.
USD/CHF weekly forecast on October 16 — 20, 2017 suggests a rebound from the resistance level and the continuation of the fall with a potential target near the area of 0.9550, in favor of the drop is the resistance area test on the relative strength indicator (RSI), the cancellation of the USD/CHF fall variant will be a breakdown area 0.9910.