Currency pair USD CHF Franc Dollar continues moving inside the ascending Forex model 1:1, and at the moment there is the potential for the breakdown of the upper boundary of the model and the pair continued growth of quotations in the area above the level of 1.0250.
USD CHF Forecast Dollar Franc on March 3, 2017
Expect faster growth of quotations pair Dollar Frank is a breakdown of the 1.0160 area. We continue to increase the amount of long positions on the pair and willing to try new purchases with the breakdown of the channel’s upper border.
Cancellation option growth may be falling and the breakdown of the channel’s lower border, which will point to the continued decline in the area below the level of 0.9925.
Important news from Switzerland that may have impact on the Swiss franc against the US dollar is expected, so the pair will continue to move in the USD/CHF technical analysis.
USD CHF Forecast Dollar Franc on March 3, 2017 suggests an attempt to breakdown of the top models of the border, and continued growth in the region above the level of 1.0250, the cancellation will drop below the 1.0020 area.
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