USD/CHF Forecast Swiss Franc on April 17, 2017


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The currency pair US Dollar to Swiss Franc USD/CHF continues to move within the framework of a minor correction and at the moment there is a potential for continuing the growth of the pair in the area above the level of 1.0130.

USD/CHF Forecast Swiss Franc on April 17, 2017

In favor of the USD/CHF growth, a tight test of the lower border of the uplink will be made, as well as the formation of a bullish wave model of Wolf. The cancellation of the pair’s growth option will result in a drop and a break of 0.9950 level, which will indicate the continuation of the decline.

USD/CHF Forecast Swiss Franc on April 17, 2017

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 17, 2017 suggests an attempt to test the bottom of the rising channel near the level of 1.00, where it is expected to continue growing as part of the development of the bull model of the Wolf wave.


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