The currency pair US Dollar to Swiss Franc USD/CHF Dollar finished the current trading month at 1.0026. The pair continues to trade within the rising channel and was able to show a rebound from the lower border. It is worth waiting for an attempt to continue growth with a potential breakdown of the local maximum region.
USD/CHF Forecast Swiss Franc on April 2017
In favor of the continued growth in the dollar-dollar quotes, in April 2017, a rebound from the upward support line on the relative strength indicator, which also indicates the continuation of the upward trend in the USD/CHF pair. The cancellation of the option will be the fall of the breakdown of the region of the lower border of the ascending channel with the closure below the level of 0.9750, which will indicate the continuation of the decline in the area below the level of 0.93.
Expect the acceleration of growth is the breakdown of area 1.02. Among the important news that could affect the Swiss franc rate in April 2017, it is worth highlighting the Consumer Price Index on April 6, 2017.
USD/CHF Forecast Swiss Franc on April 2017 assumes an attempt to continue growth in the area above the level of 1.05 within the rebound from the lower border of the rising channel, the drop will be the breakdown and the breakdown of the area of 0.9750.
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