Currency pair USD/CHF Dollar/Franc continues to be traded within the framework of the bullish model of Wolfe wave. It is expected to continue the growth of the pair in the area above the level of 0.9760.
USD/CHF technical analysis & forecast on July 27, 2017
In favor of the growth of quotations of the Dollar/Franc pair pours a breakdown of the resistance line on the indicator of relative strength. Canceling the option will drop and breakdown at 0.94.
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 technical analysis & forecast on July 27, 2017 suggests a correction attempt to the area of 0.9550, where we can expect the pair to continue growing above 0.9760.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link