Currency pair USD CHF Franc the dollar continues to move in line with expectations and at the moment the pair quotes are very close to the rising channel’s lower border, which implies an attempt to rebound and continued growth in the area above the local high-level breakdown of 1.0350 areas.
USD CHF Swiss Franc Forecast on January 11, 2017
Cancellation option will drop in prices and a break of the rising channel’s lower border with prices close below the 1.0010 level, which points to the breakdown of the channel and the continued decline in the area below the level of 0.9950.
In favor of a rise in share price will perform sample the upper limit forex triangle patterns 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 Swiss Franc Forecast on January 11, 2017 suggests a rebound attempt and the beginning of growth in the area above the 1.0350 level as a continuation of an upward trend for the pair.
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