Currency pair Dollar Franc USD CHF continues moving inside the reduction, at the moment the pair approached the area of support and has the potential to rebound and start the growth of quotations pair Dollar Frank in the area above the level of 1.0020.
USD/CHF Forecast Swiss Franc on March 23, 2017
In favor of the growth continues to favor the formation of Forex inverted head and shoulders pattern on the indicator of relative strength. Cancellation option will drop the pair growth and the breakdown of areas of support, which will point to the continued decline in the area below the level of 0.97.
Among the important news from Switzerland that may affect the rate USD/CHF, we should mention, Presentation board member of the Swiss National Bank with a speech.
USD/CHF Forecast Swiss Franc on March 23, 2017 assumes a rebound attempt from the support area and the beginning of growth for the purpose near the level of 1.0020, the cancellation will be the breakdown of 0.9850 area.
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