USD/CHF forecast exchange rate dollar March 2017


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Currency pair USD CHF Franc Dollar continues to move in the uplink and currently quotes could push off from the support area. We should expect an attempt to continue the growth of quotations Dollar Frank in March 2017 in the area above the level of 1.05, a break of this level will indicate continued growth in the region above the level of 1.08.

USD/CHF forecast exchange rate dollar March 2017

In favor of the version of the growth is the breakdown of the descending trend line on the indicator of relative strength. Cancellation option of bullish trend for the pair may be falling and the breakdown field of 1.00, which points to the continued decline in the area of 0.9550. The breakdown of the rising trend line on the display will confirm the relative strength of this reduction.

USD/CHF forecast exchange rate dollar March 2017

Among the important news from Switzerland that may affect the rate USD/CHF, we should mention, the consumer price index of March 8, 2017.

USD/CHF forecast exchange rate dollar March 2017 suggests an attempt to continue growing in the area above the level of 1.05 in the framework of the areas of support rebound, the breakdown of this area indicates the potential test level 1.08, the cancellation option will drop below the support and close below quotes level of 1.00, which indicates the decrease in the area of 0.9550.


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