Currency pair USD CHF Franc the dollar continues to move in the beginning of the mining model, rising forex Wolfe waves with a potential target of growth above the level of 1.0050. In favor of a growth of quotations pair acts breakdown upper border triangle pattern on the indicator of relative strength. We try to buy the pair aggressive and increase the volume of purchases.
Forex USD CHF Forecast Franc Dollar on February 7, 2017
Cancellation option will drop and the breakdown of 0.9850 area, which point to continued decline in the area below the level of 0.9750. With the breakdown of the upper boundary of the descending channel, we should expect the completion of the correction for the pair.
Among the important news from Switzerland that may affect the rate USD/CHF, we should mention, volume of foreign exchange reserves. Forex USD CHF
Forex USD CHF Forecast Franc Dollar on February 7, 2017 assumes growth in an attempt to start mining within the ascending wave pattern Wolfe, with a potential upside target above the level of 1.0050.
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