Currency pair USD/CHF Dollar Franc closes the trading week near the level of 0.9574. At this point, we should expect a rebound attempt from the level of 0.9450 and growth in the upper channel boundary area. Whence again it is necessary to expect the fall of the Dollar/Franc with a target below the level of 0.9300.
USD/CHF weekly forecast on September 18 — 22, 2017
In favor of the growth of the pair will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the decline option will be a strong growth and breakdown of the area of 0.9850, which will indicate the continued growth of the pair on Forex and the outflow of quotes beyond the descending channel.
Important news from Switzerland, which may have an impact on the US Dollar/Swiss Franc, is not expected, so the pair will continue to move in the technical analysis USD/CHF.
USD/CHF weekly forecast on September 18 — 22, 2017 involves attempting to test the upper boundary of the bearish channel near the level of 0.9650, and further continuing the fall of the pair with a potential target near the area of 0.9300, in favor of the drop will test the resistance line on the indicator of relative strength index (RSI).
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