Currency pair USD CHF Franc dollar closed the week at 0.9988. The pair continues to test the support area that indicate the potential for a rebound and continued growth of quotations in the next resistance area at 1.0220. In favor of a rise in quotations USD/CHF testing the rising trend line on the indicator of relative strength.
USD CHF forecast on January 30, 2017 — February 3, 2017
Cancellation option will drop the growth area of 0.99 and a break that will point to the continued decline in the area below the level of 0.9665.
Among the important news from Switzerland, which could have a strong influence on the exchange rate USD CHF, it stands out, index of leading economic indicators by the KOF, expected slight growth rate at the level of 102.2 to 102.9 level that can support the Swiss franc against the US dollar.
USD CHF forecast on January 30, 2017 — February 3, 2017 suggests an attempt to rebound from the support and continued growth with the immediate goal at the level of 1.0220, the cancellation option will sample area 0.99.
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