USD/CHF Forecast Swiss Franc on March 20, 2017


The currency pair Dollar Franc USD CHF continues to move within the limits of the decline, however at the moment the pair quotes are testing the support area and there is a probability that the rebound is attempting to hit the area above the level of 1.0045.

USD/CHF Forecast Swiss Franc on March 20, 2017

In favor of the growth of the Dollar Frank pair is the test of the lower boundary of the downward channel on the indicator of relative strength, which also indicates a rebound and continued growth of the pair. 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 March 20, 2017

USD/CHF Forecast Swiss Franc on March 20, 2017 suggests a rebound from the support area with a view to rising near the lower border of the uplink at 1.0045, the cancellation of the growth option could be a breakdown of the area of 0.9920, indicating a potential test of the area of the lows of 0.9850.


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