Currency pair USD CHF dollar franc continues to move in the decline, but at this time the value of the indicator of the relative strength met with support in the form of a rising trend line, indicating the potential rebound of quotations pair Dollar Frank in the area above the local maximum level.
USD CHF Forecast Dollar Frank on February 27, 2017
Cancellation option couple of quotes growth will drop and the breakdown below the 0.9970 area, which point to the continued decline in mining within the forex bearish wave pattern Wolfe. As long as the pair is trading within the rising channel and the values of the relative strength indicator repelled from the area of support, is expected to attempt to increase.
Among the important news from Switzerland that may affect the rate USD/CHF, we should mention, address by the Vice-Chairman of the Swiss National Bank with a speech.
USD CHF Forecast Dollar Frank on February 27, 2017 suggests an attempt to price growth in the area above the 1.0040 match within the field of support for the rebound, expected acceleration of growth of quotations of the pair is a breakdown of the region of the upper boundary of the rising channel.
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