Currency pair US Dollar to Swiss Franc USD/CHF continues to be traded within the framework of the bull model of Wolfe wave. It is necessary to continue the growth of the Dollar/Franc pair in the region above the level of 0.9750.
USD/CHF forecast & technical analysis on July 28, 2017
In favor of the growth of the pair is the formation of an inverted model of the head and shoulders. Cancellation of the growth of the pair USD/CHF on Forex will be a fall and breakdown at the level of 0.94, which will indicate the continuation of the fall of the pair.
Among the important news from Switzerland, which can have a strong impact on the Swiss Franc rate, it is worth highlighting: Index of leading economic indicators from KOF.
USD/CHF forecast & technical analysis on July 28, 2017 suggests an attempt to increase to an area above 0.9740 as part of the development of the bullish wave model of Wolfe, with a breakdown of 0.94.
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