Technical Analysis USD CHF and forex forecast on November 17, 2016


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Currency pair USD CHF Franc the dollar continues to rise in line with expectations and at the moment has the potential to upgrade the region of maximum and complete the formation of the descending wave pattern Wolfe forex that will point to a drop in prices Dollar Franc to below 0.97.

Technical Analysis USD CHF and forex forecast on November 17, 2016

Technical Analysis USD CHF and forex forecast on November 17, 2016

Cancellation option will be a strong growth of quotations of the pair above the 1.01 level; in this case, the pair is expected to continue the growth of quotations in the area above the level of 1.04.

Technical Analysis USD CHF and forex forecast on November 17, 2016 involves growth and attempt to test the boundaries of dense bearish wave pattern Wolfe, where we can expect the fall of quotations attempt with the first target at the level below 0.99 areas.

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