The currency pair US Dollar to Swiss Franc USD/CHF continues to move within the framework of the bullish forex model of the Woolf wave with the potential growth target above the area of 1.0120. In favor of the growth of the quotations of the Dollar Franc, there is a breakdown of the downward trend line on the indicator of relative strength.
USD/CHF Forecast Swiss Franc on April 24, 2017
Canceling the option of continuing the growth of quotations of the pair will be a fall and breakout of the area of 0.9920, which will indicate the continued decline in the pair’s quotes.
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 24, 2017 suggests a rebound attempt from 0.9960 level and the beginning of growth to the area above the level of 1.0120 as part of the development of the bullish wave model of Wolf, the cancellation will be the fall and breakdown of the area of 0.9920.
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