Dollar Currency pair USD CHF Franc is still trading within the descending pattern of 1:1. To date, the potential is retained for the continuation of decrease in pair in the area below the level of 0.93, which quotes USD CHF found support area, such a test could trigger an attempt to increase in the dollar against the Swiss Franc. There is also the lower boundary of the rising channel.
USD CHF Forecast of the Swiss franc on September 2016
Cancellation option of continuing drop in prices USD CHF pair will be strong growth in the beginning of September 2016 above the level of 1.00. Cancellation of the same variant of the rebound from the bottom of the channel will franc quotations fall below the level of 0.92, which points to a continuation of the downtrend.
USD CHF Forecast of the Swiss franc on September 2016 requires a drop in prices to USD CHF at 0.93, where we can expect growth in the framework of an attempt to rebound from the rising channel’s lower border.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
