The currency pair USD CHF try to turn on the area local maximum within the beginning of the descending pattern Wolfe waves with the potential to decrease below 0.96 areas.
USD CHF Forecast on November 18, 2016
Cancellation option will be the continued growth of quotations pair Dollar Frank in the area above the level of 1.01, which indicates a continuation of an upward trend for the pair. In favor of the fall and stands the test downward trend line on the indicator of the relative strong force. We try aggressive selling the pair with the tight stop.
USD CHF Forecast on November 18, 2016 suggests an attempt to fall within the beginning of working out a bearish Wolfe wave model in order to reduce the area below 0.96.