The currency pair USD CHF ends the current week growth, but at the beginning of next week has the potential to start quotations USD CHF falling within the descending pattern 5-0. Also of note is that the pair is trading within a triangle pattern and in case of breaking through the upper boundary of the model is expected to attempt the development of an uptrend and mining models.
Forecast FOREX USD CHF on 8 August — 12 August, 2016
Cancellation option franc falling within 5-0 of the descending pattern will break through the level of the upper border of the channel, and the growth of quotations USD CHF above 0.99 level.
Forecast FOREX USD CHF on 8 August — 12 August, 2016 assumes growth of quotations USD CHF to the upper border of the channel, then we can expect the beginning of the fall of the franc.
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