Currency pair USD CHF Franc the dollar this week showed a serious fall and was able to test the lower boundary of the model triangle. In favor of the growth of quotations USD CHF on the next trading week, testing the support line of the bovine model Wolfe waves.
Forecast FOREX USD CHF on 22 August — 26 August, 2016
The purpose of growth and refinement of this model is the area above the level of 0.9880. Cancellation option usd chf pair growth will drop and the breakdown of the lower limit of the model in the Triangle region of below 0.95, which points to a continuation of falling of quotations within the mining model triangle width. We try to buy the pair USD CHF tight stop and are ready to increase the volume of purchases by the development of an upward movement.
Forecast FOREX USD CHF on 22 August — 26 August, 2016 suggests a rebound from the low-wave pattern Wolfe and the beginning of growth in the area above the level of 0.98.
