The currency pair USD/CHF is trading at 1.0262. The pair attempted to break through the region of the upper Bollinger Bands indicator strips border and is currently trading above the moving average with a period of 55, suggesting a bullish trend for the pair.
Analysis Bollinger Bands USD/CHF on January 4, 2017
We should expect the next Test moving average from above and continued growth with the breakdown 1.0325 resistance area. The aim of growth of quotations pair usd chf is the area above the 1.0380 level.
Cancellation option continuation of growth of pair of quotes will drop and the sample area of the lower Bollinger Bands indicator strips border with closing below 1.0120, it will indicate the change of trend in favor of reduction.
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