The currency pair US Dollar to Swiss Franc USD/CHF continues to move within the upward trend and at the moment the pair is testing the area of 1.0096. It is necessary to expect the continuation of growth in the area above the level of 1.0150.
USD/CHF Forecast Swiss Franc on April 11, 2017
In favor of the continuation of the bullish trend is a rebound from the broken resistance line on the indicator of relative strength. The cancellation of the growth of the USD/CHF pair quotations will result in a fall and breakdown of the 1.0020 area, which will indicate that the pair will continue to decline.
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 11, 2017 suggests an attempt to continue the pair’s growth in the resistance area near the level of 1.0150 within the rebound from the broken trend line on the indicator of relative strength.
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