The currency pair US Dollar to Swiss Franc USD/CHF continues to move within the upward trend, even after correction to the area below the level of 1.0020. It is expected to rebound and the continued growth of quotations of the Dollar Frank pair in the area above the level of 1.0150.
Technical analysis and USD/CHF forecast on April 14, 2017
In favor of the growth of USD/CHF pair quotations is the test of the lower border of the uplink, as well as the test of the support area on the indicator of relative strength. The cancellation of the variant of growth of quotations will be the fall and breakdown of the area 0.9960.
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 USD/CHF forecast on April 14, 2017 suggests an attempt to increase to the area above the level of 1.0150 within the framework of developing the upward model 5-0, the cancellation will be the fall and breakdown of the area of 0.9960.
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