USD CHF Dollar Frank forecast on October 18, 2016


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The currency pair USD CHF continues to test resistance area at 0.9890. At the moment, there is a potential for a fall to the lower boundary of the rising channel pattern 5-0 and the continued growth of quotations of the dollar above the 1.01 franc.

USD CHF Dollar Frank forecast on October 18, 2016

USD CHF Dollar Frank forecast on October 18, 2016

Cancellation option will drop in prices pair USD CHF below 0.9770; it will point to the continued decline in the area below the level of 0.9650.

USD CHF Dollar Frank forecast on October 18, 2016 suggests an attempt to drop to 0.98, where we can expect an attempt to continue the growth of the pair, but do not exclude the breakdown field of the local maximum and the continuation of the upward movement since the current levels.


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