Currency pair US Dollar to Swiss Franc USD/CHF continues to move within the framework of a strong bullish momentum. At this point, we should expect a rebound and continue to decline in the pair’s quotes in the area below the level of 0.96.
USD/CHF forecast & technical analysis on September 1, 2017
In favor of the fall of the Dollar/Franc pair is the resistance line test on the relative strength indicator (RSI). The cancellation of the USD/CHF decline option will result in a strong growth and breakdown of the area of 0.97, which will indicate the continued growth of quotations above the level of 0.9790.
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 of USD/CHF.
USD/CHF forecast & technical analysis on September 1, 2017 suggests an attempt to drop the quotations to the area below the level of 0.96, an additional signal is the trend line test on the relative strength indicator (RSI), the breakdown of the area breakdown will be 0.9700.
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