Currency pair USD CHF Franc dollar closed the week at 1.0021. At the moment, the pair quotes pushed from the rising channel’s lower border, and there is potential for further growth of quotations in the area above the level of 1.0350.
USD CHF Forecast on February 20, 2017 — February 24, 2017
In favor of growth of pair will perform sample downward trend line on the indicator of relative strength, which points to a potential breakdown of the local maximum in the area. USD/CHF Cancellation option will make the breakdown of growth of quotations of the rising channel’s lower border, which indicates an area in the continued decline below 0.98.
Among the important news from Switzerland, which could have a strong influence on the exchange rate USD CHF, stands out, Swiss investors expectations index, according to Credit Suisse ZEW and 22 February 2017.
USD CHF Forecast on February 20, 2017 — February 24, 2017 suggests an attempt to continue the growth of quotations of the pair with a potential target above the level of 1.0250, in favor of the option will perform sample downward trend line on the indicator of relative strength.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
