Currency pair US Dollar to Swiss Franc USD/CHF continues to trade as part of the correction. At this point, we should expect the pair to continue to grow above 0.98.
USD/CHF forecast & technical analysis on August 3, 2017
In favor of growth is a rebound from the support area. Abolition of the development of the bullish movement will fall and breakdown of the area of 0.96, indicating that the decline continues. With the breakdown of the area of 0.9740, we should expect the growth of the Dollar/Franc forex pair to accelerate.
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 3, 2017 suggests an attempt to continue growth above the level of 0.98 within the rebound from the broken down boundary of the down channel, the breakdown of the breakdown of the area will be 0.96.
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