USD CHF FOREX forecast on October 31, 2016 — November 4, 2016


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Currency pair USD CHF forex trading week of 0.9873 has completed. Currently quotes pushed off from the resistance area. As you can see, as one of the options should be considered an attempt to test the support line on the indicator of the relative strength and the beginning of the growth of quotations of dollar pair Frank in the area above the level of 1.01. Cancellation may be the formation of topping Forex Head and Shoulders pattern that points to the fall of quotations and testing Forex Wolfe wave model in order to reduce the level below 0.95.

USD CHF FOREX forecast on October 31, 2016 — November 4, 2016

USD CHF FOREX forecast on October 31, 2016 — November 4, 2016

However, if the reversal pattern is not formed and held on the breakdown of the maximum, worth trying only purchase.

USD CHF FOREX forecast on October 31, 2016 — November 4, 2016 suggests an attempt to increase in the rebound from the support line on the indicator of relative strength.

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