Currency pair US Dollar to Swiss Franc USD/CHF continues to trade in a bearish channel. It is worth waiting for an attempt to test the upper limit and continue to decline the pair below the level of 0.9520.
USD/CHF forecast Swiss Franc on July 7, 2017
In favor of falling quotations of the Dollar Franc pair is a rebound from the trend line on the indicator of relative strength index (RSI). Cancellation of the fall option will be a breakdown of the area of 0.97, in which case it is necessary to expect the pair to continue growing.
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 July 7, 2017 implies an attempt to fall into the 0.95 area within the rebound from the upper boundary of the bearish channel, the breakdown will be a breakdown at the level of 0.97.
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