The currency pair USD CHF continues to move through the development of a downward correction, but currently quotes met major support area, where we can expect the beginning of growth and a rebound in the area above the level of 1.0050 with a breakdown, which is expected to attempt to continue the growth of quotations pair Dollar Frank the area above the level of 1.0350.
USD CHF Forecast Swiss franc on January 24, 2017
Cancellation option will be a drop in the growth of quotations and sample area of 0.9950, that will indicate the continued decline in the area below the level of 0.9850.
In favor of a rebound of quotations from current levels testing the lower boundary of the triangle pattern on the indicator of relative strength. 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 24, 2017 suggests an attempt to rebound to 1.0050, with a breakdown, is expected to continue growing, but the rebound from the level trigger to continue fall.
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