The currency pair US Dollar to Swiss Franc USD/CHF continues to move within the upward trend and at the moment there is a potential for a rebound from the lower border of the rising channel and continuing growth to the area above the level of 1.0120.
USD/CHF Forecast Swiss Franc on April 13, 2017
In favor of continued growth in USD/CHF quotations, a dense test of the upward trend line will appear on the indicator of relative strength. Canceling the option of continuing the development of the bullish trend will break through the channel boundary engineering and fall of the pair’s quotations to the area below the level of 1.0015, which will indicate the continuation of the pair’s decline.
Among the important news from Switzerland, which can affect the rate of USD/CHF, it is worth highlighting the Index of producer and import prices.
USD/CHF Forecast Swiss Franc on April 13, 2017 suggests an attempt to increase in the area above the level of 1.0120 within the rebound from the support line on the indicator of relative strength, the breakdown will be the breakdown of the area 1.0015.
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