Currency pair USD CHF Franc dollar closed the week at 1.0013 near the support area, which indicates a potential rebound of quotations pair at the beginning of the current trading week. The aim of growth of quotations pair usd chf is the area above the 1.0350 level. In favor of a growth of quotations of USD/CHF appears tight test rising trendline on the Relative Strength Indicator.
USD CHF Forecast on January 23, 2017 — January 27, 2017
Cancellation option will increase pair drop in prices and the breakdown of the area 0.9920 closing prices that will point to a continuation of the fall to below 0.9670.
Among the important news from Switzerland, which could have a strong influence on the exchange rate USD CHF, is to provide, indicator of consumer activity from UBS January 25, 2017, as well as the balance of external trade balance January 26, 2017.
USD CHF Forecast on January 23, 2017 — January 27, 2017 suggests an attempt to rebound from the rising channel’s lower border, and the beginning of growth in the area of a local maximum at a level above 1.0350 area, the cancellation option will drop and the breakdown of 0.9920 area, which point to completion of an upward trend and the continuation of the fall in the area below the level of 0.9670.
