Currency pair USD CHF forex trading week completed the strong growth at the level of 1.0097. At the moment, the pair is still bearish wave formation Wolfe, indicating a decline in couples of quotations in the area below the level of 0.96.
USD CHF Forecast on November 21, 2016 — November 25, 2016
In favor of the version of the correction for the pair acts and tight test resistance area on the indicator of relative strength. Cancellation option drop in prices USD CHF will continue to grow in the area above the level of 1.02, which indicates a potential test area of the local maximum and the continuation of bullish trend.
USD CHF Forecast on November 21, 2016 — November 25, 2016 suggests an attempt of correction within the framework of the beginning of the descending wave pattern Wolfe, but do not rule out an attempt to continue the trend after the breakdown of the area 1.02.