Currency pair USD CHF Franc dollar closed the week at 1.0072. The pair continues to trade within the upward channel and is faced by the lower limit. In favor of a continuation of growth and acceleration of the upward movement will make the breakdown downward trend line on the indicator of relative strength that will point to the potential growth in the area above the level of 1.0250.
USD/CHF Forecast on 27 February, 2017 — 3 March, 2017
Cancellation option price growth pair usd chf fall camp and the breakdown of the channel’s lower border with the closing quotation below parity field that points to the potential continuation of decrease in pair.
Among the important news from Switzerland, which could have a strong influence on the exchange rate USD CHF, is to provide, Speech by the Head of the National Bank of Switzerland with a speech February 27, 2017, the index of leading economic indicators from KOF 28 February 2017, Change of GDP March 2, 2017.
USD/CHF Forecast on 27 February, 2017 — 3 March, 2017 suggests an attempt to rebound from the rising channel’s lower border with the first target at 1.0250 above the field, a strong signal will deliver the breakdown of the trend line on the indicator of relative strength.
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