Currency pair USD CHF Franc the dollar continues to move through the formation of the rising forex model 5-0 with a potential target of growth above the level of 1.0150. But do not rule out an attempt to drop in prices pair usd chf to the rising channel’s lower border, where we can expect growth of quotations.
USD CHF Forecast Swiss Franc on February 21, 2017
In favor of the growth of the push test the support line on the indicator of relative strength, the cancellation of options for the development of growth on the pair USD/CHF will drop and the breakdown field of the rising channel’s lower border with the closing quotations below the level 0.9900, which will point to continued decline.
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 21, 2017 suggests an attempt to continue its growth within the mining model, rising forex 5-0 with a potential target above the level of 1.0150.
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