The currency pair US Dollar to Swiss Franc USD/CHF continues to move within the upward channel and at the moment there is the potential for a tight test of the lower border of the rising channel and the continuation of growth in the area above the level of 1.0140. In favor of the growth of quotations of the Dollar Franc pair is the formation of a bullish wave model of Wolf. The cancellation will be the fall and breakdown of the area 0.9950, which will indicate the continuation of the decline.
USD/CHF Forecast Swiss Franc on April 18, 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 18, 2017 suggests an attempt to increase in the area above the level of 1.0140 within the rebound from the lower boundary of the rising channel, the cancellation will be the breakdown of the area of 0.9950.
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