The currency pair USD CHF continues to trade within the upward channel and is currently retained potential for further growth of the pair of quotes in the area above the level of 0.9950. Cancellation option will drop in prices pair usdchf 0.9840 below the level that indicates a continuation of a downward correction to below 0.9750.
USD CHF Forecast FOREX Dollar Frank on October 17, 2016
An additional signal in favor of the growth of USD/CHF testing the rising support line on the indicator of relative strength.
USD CHF Forecast FOREX Dollar Frank on October 17, 2016 suggests an attempt to increase in the rebound from the rising channel’s lower border to above the level of 0.9950; the cancellation will be going beyond the bottom of the channel.
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