Currency pair USD CHF closed the week at 1.0072. The pair continues moving inside the rising channel and retained the potential for continued growth in the region above the level of 1.0250. In favor of a pair of dollar growth of quotations Frank testing the breached trend line on the indicator of relative strength.
USD/CHF Forecast on March 6, 2017 — March 10, 2017
Expect faster growth of quotations of USD/CHF is a breakdown of the upper limit of the downward channel. Cancellation option perforation growth lion pair would be the breakdown of 1.0020 area, which point to continued decline in the area below the level of 0.98.
Among the important news from Switzerland, which could have a strong influence on the exchange rate USD CHF, is to provide the consumer price index.
USD/CHF Forecast on March 6, 2017 — March 10, 2017 suggests an attempt to continue the growth of quotations in the area above the level of 1.0250 with a potential upside target above 1.0350 area, the cancellation will be the breakdown of the level 1.0020, which will indicate the output of quotations for the rising channel and to continue to reduce.
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