The currency pair USD/CHF is trading at 1.0093. At the moment, Frank’s quotes were able to break through the lower boundary of the bands of the indicator Bollinger Bands, suggesting an attempt to continue to reduce test support area at 1.0040.
Analysis Bollinger Bands USD/CHF on January 9, 2017
Conservative area for sale is located at the upper Bollinger Bands bands border near 1.0320 area. Cancellation option will reduce the breakdown of 1.0350 area, which point to a continuation of an upward trend.
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