The currency pair Dollar Franc USD CHF continues to move within the rebound from the support line on the indicator of relative strength. At the moment, there is still potential for breakdown of the upper boundary of the descending channel, which will indicate the continuation of the development of the upward movement with the aim near the area of 1.0250.
USD/CHF Forecast Swiss Franc on March 15, 2017
We continue to hold the pair buying and try to increase the volume of long positions as growth grows. The cancellation of the rebound of the quotations of the Dollar Franc pair will fall and the breakdown of the area is 1.0020, which indicates a continuation of the decline with a potential target near the area of 0.9850.
Among the important news from Switzerland, which may affect the rate of USD/CHF, it is worth highlighting the Index of producers and imports.
USD/CHF Forecast Swiss Franc on March 15, 2017 suggests an attempt to increase to the area of 1.0250 within the rebound from the uptrend line on the indicator of relative strength, the breakdown will be the breakdown of the area 1.0020.
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