Currency pair USD CHF Franc dollar closed the week near the support area at 1.0083. Currently retained potential for further growth of quotations of the pair usd chf to a local maximum in the rebound from the rising channel’s lower border.
USD CHF Forecast Dollar Frank January 16, 2017 — January 20, 2017
In favor of a growth of quotations USD CHF dense stands the test the support line on the indicator of relative strength. But do not exclude the option of forming here big reversal forex model head and shoulders, so to breakdown the lower boundary of the channel should expect a drop in prices for the purpose at the level of 0.98, and a deeper goal of the fall en below 0.96 area.
Among the important news from Switzerland, which could have a strong influence on the exchange rate USD CHF, stands out, PPI and import of 19 January 2017.
USD CHF Forecast Dollar Frank January 16, 2017 — January 20, 2017 suggests an attempt to continue the growth in the area above the level of 1.0450 in the rebound from the rising channel’s lower border, the cancellation will be the breakdown of 0.9950 area, which point to a continuation of the fall.
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