Technical analysis of USD/CHF 11/19/2018

The USD/CHF currency pair continues to decline. At the moment, we should expect the continuation of the fall of the US dollar against the Swiss Franc with the target of 0.9850.
The trend line test on the RSI indicator is in favor of the fall of the dollar franc pair. Cancellation of the option to reduce the pair USD/CHF will be a strong growth and the breakdown of the area of 1.0000. This will indicate a breakdown of the resistance area and continued growth of the USD/CHF quotes.
 
USDCHF_STPH4

Created by Joshua Hayn

VN:F [1.9.22_1171]
Rating: 5.0/5 (387 votes cast)
5.0 out of 5 based on 387 ratings