The currency pair US Dollar to Swiss Franc USD/CHF continues to trade near the area of 0.9948. The pair continues to move within the framework of the formation of an inverted forex model of the Head and Shoulders.
USD/CHF Forecast Swiss Franc on April 25, 2017
It is worth waiting for an attempt to test the area of 0.99, which is to expect a rebound and the beginning of the growth of quotations of the Dollar Frank pair in the area above the level of 1.0050. In favor of the growth of the pair will perform a tight test of the upward trend line on the indicator of relative strength. Expect to accelerate the growth of quotations USD/CHF stands with a breakdown of the Neck line reversal Forex model.
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 25, 2017 suggests an attempt to test the area of 0.99 from which one should expect the beginning of growth within the framework of developing the Forex Model Head and shoulders with the first target near the area of 1.0050, cancel will breakdown the local minimum area.
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