Currency pair USD CHF Franc Dollar keeps moving inside the rising channel bovine model 1:1 in order to rise above the level of 1.01. We continue to increase the volume of purchases of the pair with a close stop. Cancellation option will drop in prices of the rising channel’s lower border, which will point to the continued decline in the area below the level of 0.9550.
USD CHF Dollar Frank forecast on November 9, 2016
The growth also favor the formation of the model appears very similar to the reversal Forex figure head and shoulders.
USD CHF Dollar Frank forecast on November 9, 2016 suggests growth in the framework of the continuation of mining bovine model 1:1 with a view above the level of 1.01.