Currency pair US Dollar to Swiss Franc USD/CHF continues to move within the limits of the decline. At this point, we should expect a rebound and growth of quotations of the pair in the area above the level of 0.9685. In favor of the growth of the Dollar/Franc is the test of the support line on the indicator of relative strength index (RSI).
USD/CHF forecast & technical analysis on August 29, 2017
The cancellation of the growth of the pair USD/CHF will be the fall and breakdown of the area of 0.9480, which will indicate the continuation of the decline in quotations below the level of 0.9410.
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 USD/CHF.
USD/CHF forecast & technical analysis on August 29, 2017 suggests an attempt to increase the quotations to the area above the level of 0.9685, an additional signal is the trend line test on the relative strength indicator, the breakdown of the area breakdown is 0.9480.
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