Currency pair USD/CHF Dollar/Franc continues to be traded within the framework of the bullish model of Wolfe wave. It is worth waiting for an attempt to rebound and grow a pair with a potential target above the level of 0.98.
USD/CHF technical analysis & forecast on July 26, 2017
In favor of the growth of the Dollar/Franc pair is the test of the trend line on the indicator of relative strength index (RSI). Cancellation of the growth option will be a fall and breakdown at the level of 0.94, indicating that the pair continues to decline.
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 technical analysis & forecast on July 26, 2017 suggests an attempt to grow the pair as part of the start-up of the upcoming Wolfe wave model with a target near the 0.98 area, an additional signal is the trend line test on the RSI indicator.
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