The currency pair US Dollar to Swiss Franc USD/CHF continues to move within the upward trend and at the moment there is a potential for a rebound from the lower border of the channel and continuing growth in the area above the level of 1.01.
Technical analysis and Forecast USD/CHF on April 12, 2017
In favor of continuing growth is the breakdown of the downward trend line on the indicator of relative strength. The cancellation of the growth of the quotations of the Dollar Franc pair will fall and the breakdown of the area is 1.0040.
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.
Technical analysis and Forecast USD/CHF on April 12, 2017 suggests an attempt to continue growth in the area above the level of 1.01 within the rebound from the lower border of the rising channel, the breakdown will be the breakdown of the area of 1.0040.
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