The currency pair USD CHF continues to test the support area bullish forex Wolfe wave model. With the current levels is expected to attempt to start the growth of the potential target of the pattern at 1.0250 above the field.
Forecast Swiss Franc USD CHF on December 7, 2016
Cancellation option will be the continuation of the decline and the breakdown of the area 0.9960 closing prices that will point to the development of the downward trend for the pair. We try aggressive buying USD CHF pair with the tight stop and are ready to increase the volume of purchases by the development of an upward trend. Among the important events that may have an impact on the Swiss franc tomorrow 7 December 2016 stands out, volume of foreign exchange reserves, the past value of the index was at the level 630B.
Forecast Swiss Franc USD CHF on December 7, 2016 suggests an attempt to increase within the start mining bullish wave pattern Wolfe for the purpose of growth of quotations pair usdchf above the level of 1.0250.
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