USD CHF Forecast Swiss Franc on November 25, 2016


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The currency pair USD CHF continues to test the area at the level of 1.0166. At the moment, there is a potential for reduction of quotations as through dense test the resistance line on the indicator of relative strength.

USD CHF Forecast Swiss Franc on November 25, 2016

USD CHF Forecast Swiss Franc on November 25, 2016

However, there is no high-quality signals in favor of the sales, it is not necessary to try to expand this trend, it makes sense to wait for the correction to below the level of 1.0090, where try to buy or wait for the formation of reversal pattern head and shoulders that will point to a continuation of a downward correction for the pair to decline below the level of 0.9950.

USD CHF Forecast Swiss Franc on November 25, 2016 suggests the correction attempt, however, should not exclude the continuation of an upward trend.

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