Currency pair USD CHF Dollar Franc continues to move through the formation of the rising forex 1:1 model, which could push the pair to above the 1.0250 level. At this point is pressed tight test of the lower boundary of the rising channel and continued growth with the first target near the 1.0180 area.
USD CHF forecast on February 28, 2017
In favor of a pair of dollar growth of quotations Frank will perform the test the support line on the indicator of relative strength. Cancellation option will be the continued growth of quotations of the fall and breakdown of 0.9980 area, which point to a continuation of falling of pair of quotes in the area below the level of 0.9865.
Among the important news from Switzerland that may affect the rate USD/CHF, we should mention, the leading index of economic indicators by the KOF.
USD CHF forecast on February 28, 2017 suggests an attempt to test the lower boundary of the rising pattern of 1:1 and continued growth with a common purpose above 1.0250 area.
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