USD/CHF weekly forecast on September 18 — 22, 2017


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.

USD/CHF weekly forecast on September 18 — 22, 2017

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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