USD CHF FOREX forecast for November 24, 2016


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Currency pair USD CHF Franc the dollar continues to move in the development of an upward trend. At the moment, there are risks of an upward trend in the rebound from the rising channel’s lower border. But do not forget about the formation of the descending wave pattern Wolfe and is now formed a reversal pattern failure swing on the indicator of relative strength.

USD CHF FOREX forecast for November 24, 2016

USD CHF FOREX forecast for November 24, 2016

Therefore, in the case of a breakdown of the rising channel’s lower border is expected to start a downward correction to below 0.99.

USD CHF FOREX forecast for November 24, 2016 suggests an attempt to increase in the rebound from the rising channel’s lower border, but in the case of the breakdown of the channel is to expect the beginning of a downward correction.

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