USD/CHF Technical Analysis 05/01/2018

USD/CHF currency pair continues to move within the ascending channel on the 4H timeframe. At this point one should expect an attempt to test the lower border of the channel near the 0.99 area and continue to grow with a target above 1.1.

In favor of the growth of the USD/CHF pair will be a trend line test on the RSI indicator.  The cancellation of USD/CHF growth will be the fall and breakdown of the area of 0.98, which will indicate the breakdown of the lower boundary of the ascending channel.



Created by Joshua Hayn

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