The currency pair USD CHF continues to test the lower boundary of the rising channel, and at the moment there is a potential for a couple of quotations growth in the area above the level of 0.98. Cancellation option price growth will drop the pair below the 0.9690 level, which indicates the output of the rising channel and the beginning of fall. Potential same target of the rising pattern test 1.01 areas serves.
USD CHF Franc FOREX forecast for November 4, 2016
We try to buy USD CHF pair with a close stop.
USD CHF Franc FOREX forecast for November 4, 2016 suggests an attempt to couple growth in the rebound from the bottom of the bovine model 1:1 with a potential target of the higher level of 1.01.