Currency pair USD CHF Franc the dollar continues to move within the test area and support at the moment is preserved for potential rebound of quotations in the area above the level of 1.0050. In favor of a bounce speaks tight test the lower boundary of triangle forex pattern.
Forex Technical Analysis and Forecast on USD CHF January 25, 2017
Is expected to accelerate growth and falling dollar couple quotes Frank is a breakdown of the upper boundary of the model triangle that indicates continued growth in an area above the level of 1.0150.
Cancellation option will be the growth of quotations of the sample area of 0.9950, which will point to continued decline. Important news from Switzerland is expected tomorrow, so the pair will continue to move in the USD/CHF technical analysis.
Forex Technical Analysis and Forecast on USD CHF January 25, 2017 suggests an attempt to rebound to the upper limit of the downward channel in the rebound from the support line on the indicator of relative strength.
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