USDCHF – 10.10.2016

The USD/CHF pair is being corrected. Possibly, the price may fall towards 0.9750 and then grow to reach 0.9833. After that, the instrument may form another consolidation range. If later the market breaks this consolidation range upwards, it may grow with the target at 0.9940; if downwards – continue the current correction towards 0.9750.