The currency pair USD CHF is testing the area close lower boundary of the rising channel, which indicates a potential pair of quotations growth in the area above the level of 0.9890.
USD CHF Forex Dollar Franc forecast on September 6, 2016
Cancellation option will increase in quotes franc pair falling below USD CHF 0.9740 level those points to a continuation of the fall to below 0.9650. However, with the growth of the pair above the 0.9890 level should not expect significant growth, so there is the potential for the formation of the descending pattern Wolfe waves.
USD CHF Forex Dollar Franc forecast on September 6, 2016 suggests an attempt to continue its growth in the framework of completion of work on the bovine model 1:1 in order to rise above the level of 0.98.
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