Currency pair USD CHF Franc the dollar continues to move in the upward correction and is currently testing a pair of tight resistance area, from current levels should not expect a rebound attempt and the beginning of fall to below 0.9950.
USD CHF Forecast Swiss Franc on February 16, 2017
In favor of the quotations falling variant appears tight test resistance area on the indicator of relative strength. Cancellation option will drop the pair quotes strong growth and the breakdown field 1.01, which points to continued growth in the region above the level of 1.02.
Important news from Switzerland that may have impact on the Swiss franc against the US dollar is expected, so the pair will continue to move in the USD/CHF technical analysis.
USD CHF Forecast Swiss Franc on February 16, 2017 suggests an attempt to fall below the level of 0.9950 in the rebound from the resistance area, the cancellation of the fall of options will make the breakdown area 1.01, which points to continued growth.
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