Currency pair Dollar to Swiss Franc USD/CHF continues to trade as part of Forex development models Head and shoulders Quotations of the pair have broken through the area of the Neck line, we should expect the attempt of the test of the broken line and continuation of the pair’s growth to the area above the level of 1.0150.
USD/CHF Forecast US Dollar to Swiss Franc on May 11, 2017
The cancellation of the growth option may be the fall of the breakdown of the area of 0.9970. Expect the acceleration of the pair’s growth. The Franc Dollar stands with the breakdown of the local maximum level.
Among the important news from Switzerland, which can have a strong impact on the US dollar against the Swiss Franc USD/CHF, it is worth highlighting the Consumer Price Index.
USD/CHF Forecast US Dollar to Swiss Franc on May 11, 2017 implies an attempt to continue growth as part of the Forex model of the Head and Shoulders, cancellation may be a breakdown of the area of 0.9970, which will indicate a deeper correction for the USD/CHF pair.
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