Currency pair US Dollar to Swiss Franc USD/CHF continues to trade near the resistance area. At this point, we should expect the fall of the Dollar/Franc pair to fall below 0.9550 and further the pair’s growth.
USD/CHF forecast & technical analysis on August 8, 2017
In favor of growth, a test of the support line on the indicator of relative strength index (RSI) will perform. Canceling the option of reducing the Dollar/Franc forex pair will be a strong growth and breakdown of the area of 0.9820, which will indicate continued growth.
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 8, 2017 suggests an attempt to fall into the support area at 0.9550, where again we can expect and continue the pair’s growth.
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