Currency pair USD CHF Franc the dollar continues to move in the beginning of growth and currently quotes struck the upper limit forex Wedge pattern upward, indicating an attempt to continue the growth of quotations of dollar pair Frank in the area above the level of 1.0210.
USD CHF Forecast Swiss Franc on January 20, 2017
In favor of a continuation of the trend line breakout appears on the display relative strength. But do not exclude the correction of quotations attempt pair USD/CHF to 1.0050 below the level in the framework of completion of the forex inverted head and shoulders pattern, from which again is expected to attempt to continue the growth of quotations of the pair with a potential target above 1.0290 level.
Important news from Switzerland is expected tomorrow, so the pair will continue to move in the USD/CHF technical analysis.
USD CHF Forecast Swiss Franc on January 20, 2017 assumes a continuation of growth of pair within the mining forex Wedge pattern with the immediate goal of growth at the level of 1.0210, this scenario will be the cancellation of a drop in prices below the level of 1.00.
