Currency pair USD CHF Franc the dollar continues to move in the development of a downward correction, but as soon as the value of the indicator of relative strength to meet again test the support line that points to a potential rebound and breakout forex Wedge pattern up.
Forex Forecast Swiss Franc (USD/CHF) on 27 January 2017
In this case, we should expect the pair attempt to continue the growth of quotations to the nearest resistance near 1.0080 areas.
Cancellation option will increase the area of the breakdown of a local minimum that will point to the continued drop in prices pair usd chf to below 0.9910. Important news from Switzerland is expected tomorrow, so the pair will continue to move in the USD/CHF technical analysis.
Forex Forecast Swiss Franc (USD/CHF) on 27 January 2017 suggests an attempt to complete the reduction and breakdown of the trend line on the indicator of relative strength, is expected to accelerate the growth of quotations to potential target at 1.0285.
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