Currency pair USD/CHF Dollar Franc closes the trading week near the level of 0.9466. At the moment, expect a test of the resistance area near the level of 0.9610 and the continuation of the fall of the pair with a target below 0.9130.
USD/CHF weekly forecast on March 26 — 30, 2018
In favor of the fall of the pair Dollar/Franc will perform a trend line test on the indicator of relative strength index (RSI). The cancellation of the USD/CHF decline option will result in a strong growth and breakdown of the area of 0.9800, which will indicate the breakdown of the upper limit of the descending channel and the continued growth of the pair on Forex. Confirmation of the fall of the pair will be the breakdown of the support area and the closing of quotations below the area of 0.9350.
USD/CHF weekly forecast on March 26 — 30, 2018 suggests an attempt to test the resistance level near the area of 0.9610 and the continuation of the USD/CHF fall below 0.9130, in favor of the fall will break down the uptrend line on the indicator of relative strength index (RSI).