Currency pair Dollar Franc USD CHF continues to move within the tight test of the upper border of the downward channel, the breakdown of which will indicate the continuation of the growth of quotations in the area above the level of 1.0250.
USD/CHF Forecast Swiss Franc on March 9, 2017
In favor of the variant of growth is the breakdown of the upper boundary of the Triangle model on the indicator of relative strength. We continue to keep buying a pair with a close stop-loss. The cancellation of the option will be the breakdown of the area 1.0020, which will indicate the continued development of the fall 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 9, 2017 suggests an attempt to break the upper boundary of the descending channel and continue the pair’s growth to the area above the level of 1.0250.
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