USD CHF Forex forecast on January 18, 2017


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Currency pair USD CHF Franc the dollar continues to move in the decline and now has the potential to complete the formation of bullish forex wave pattern Wolfe with a potential target at the rebound above 1.0150 area. In favor of a dense stands the test support area on the indicator of relative strength.

USD CHF Forex forecast on January 18, 2017

Cancellation option rebound and growth of quotations pair Dollar Frank will fall and breakdown of 0.9920 area, which point to the continued decline in the area below the level of 0.97.

USD CHF Forex forecast on January 18, 2017

Important news from Switzerland is expected tomorrow, so the pair will continue to move in the USD/CHF technical analysis.

USD CHF Forex forecast on January 18, 2017 suggests an attempt to reduce and test the lower boundary of the dense bullish forex wave pattern Wolfe and the beginning of growth with a potential target at 1.0150 above the field.


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