The currency pair US Dollar Franc USD CHF continues to move within the limits of the decline, but at the moment the quotes were able to leave the upper border of the descending channel. In favor of the growth of the Dollar Frank pair in the region above the level of 1.00, the formation of the reversal Forex Head and Shoulder models is completed on the indicator of relative strength.
USD/CHF Forecast Swiss Franc on March 27, 2017
The cancellation of the option may be a breakdown of the area of 0.9850, indicating that the pair USD/CHF will continue to fall below 0.98. 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 27, 2017 suggests an attempt to continue growth as part of the beginning of the development of the reversal Forex Head and shoulders models on the relative strength indicator, the nearest target of growth is the area at 1.00 level.
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