Currency pair USD/CHF Dollar Franc completes trading week near the level of 0.9693. The pair continues to move within the bearish channel. It is worth waiting for an attempt to test the upper border of the channel near the level of 0.9765.
USD/CHF weekly forecast on September 25 — 29, 2017
Whence again it is necessary to expect falling of currency pair Dollar Frank with the target below level 0.9350. In favor of reducing the pair is the resistance line test on the relative strength indicator (RSI). The cancellation of the decline option will be a strong growth and breakdown of the area of 0.9860, which will indicate the continued growth of the pair on Forex and the outflow of quotes beyond the bearish channel.
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 USD/CHF.
USD/CHF weekly forecast on September 25 — 29, 2017 involves trying to test the upper limit of the bearish channel and continuing the fall with a potential target near the area of 0.9350, in favor of the drop is the resistance line test on the relative strength indicator (RSI).
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