The currency pair USD CHF finished the trading week rebound from the support area near 1.0160 level. To date, the potential is retained for further growth within the beginning of the mining triangle forex pattern, but do not rule out another attempt to test the lower boundary and continued growth.
USD CHF Forecast Dollar on January 9, 2017 — January 13, 2017
Expect faster growth of quotations currency pair Dollar Frank is a breakdown of the top models of the border triangle. The purpose of growth is the area of mining at a level above 1.0450. In favor of the growth option appears tight test the rising trend line on the indicator of relative strength.
Cancellation option of growth within the beginning of the mining triangle forex pattern will be a drop in prices and the breakdown of 0.9960 area, which point to a continuation of a downward correction.
Among the important news from Switzerland, which could have a strong influence on the exchange rate USD CHF, it stands out, changes in the real volume of retail trade in January 9, 2017, and the unemployment rate is 10 January 2017.
USD CHF Forecast Dollar on January 9, 2017 — January 13, 2017 suggests an attempt to continue the growth in the framework of the beginning of the mining Forex symmetrical triangle pattern with a potential breakdown of the upper boundary of the model and the purpose of working out at a level above the area of 1.0450, the abolition of the camp of the sample area 0.9960.
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