The currency pair USD CHF continues to move within the downward channel, but at the moment there is still potential for the pair to begin to grow as part of the inverted Forex Head and shoulders model for growth above 1.00.
USD/CHF Forecast Swiss Franc on March 24, 2017
In favor of accelerating the growth of the Dollar Franc pair will break through the upper limit of the descending channel. In case of breakdown of the area of 0.9870, we should expect the continuation of the fall in the quotations of the pair USD/CHF. 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 24, 2017 suggests an attempt to continue growth in the area above the level of 1.00 as part of the development of the reversal forex model Head and shoulders on the indicator of relative strength.
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