Currency pair US Dollar to Swiss Franc USD/CHF continues to trade in a bearish channel. It is worth waiting for an attempt to continue correction to the upper bound of the channel well beyond 0.97, where again we should expect the pair to continue falling into the area below the level of 0.9550.
USD/CHF forecast Swiss Franc on July 10, 2017
In favor of the fall of the Dollar/Franc pair will perform a tight resistance line test on the indicator of relative strength index (RSI). Cancellation of the fall of the pair USD/CHF will be a strong increase in the breakdown of the area of 0.9740, which will indicate the continued growth of the pair.
Important news from Switzerland, which may have an impact on the Swiss Franc against the US Dollar, is not expected, so the pair will continue to move in the technical analysis of USD/CHF.
USD/CHF forecast Swiss Franc on July 10, 2017 implies an attempt to test the upper boundary of the downward channel, where again it is expected to continue the decline to the area below the level of 0.9550, an additional signal will test the trend line on the indicator of relative strength index (RSI).
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