An additional signal in favor of the growth of the Dollar Franc currency pair will be a test of the trend line on the relative strength index (RSI). The second signal will be a rebound from the lower bullish model «Wolfe Wave». Cancellation of the growth option USD/CHF will be a fall and a breakdown of the area of 0.9445. This will indicate a breakdown of the lower boundary of the model and the continuation of the fall of the pair on Forex with a target below the area of 0.9175. Confirmation of the growth of the pair in the current trading week March 2 — 6, 2020 will be a breakdown of the resistance area and closing of quotations above the level of 0.9995
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.