The currency pair US Dollar to Swiss Franc USD/CHF continues to trade near the local maximum area at 1.0055. At the moment, the values of the relative strength indicator have broken through the upper limit of the Triangle model, which indicates a potential continuation of the pair’s growth in the area above the 1.01 level.
USD/CHF Forecast Swiss Franc on April 10, 2017
In favor of accelerating the growth of the Dollar Franc pair will break through the upper boundary of the rising channel. The cancellation of the growth of the pair will be the fall of USD/CHF and the breakdown of the area of 1.0010, which will indicate the continuation of the correction for the pair.
Important news from Switzerland, which may have an impact on the Swiss franc against the US dollar, is not expected, so the pair will continue to move in the technical analysis of USD/CHF.
USD/CHF Forecast Swiss Franc on April 10, 2017 suggests an attempt to continue growth within the rebound from a broken trend line on a relative strength indicator with a potential growth target above 1.01.
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