Currency pair US Dollar to Swiss Franc USD/CHF closes the trading week near the level of 0.9620. At this point, we should expect a rebound and growth of quotations of the pair in the area above the level of 0.9850. In favor of the growth of the Dollar/Franc is the formation of the reversal model of the «Head and Shoulders».
USD/CHF weekly forecast on August 14 — 18, 2017
The abolition of the growth option will be the fall and breakdown of the local minimum area. Expect to accelerate the growth of the pair USD/CHF is with the breakdown of the level of 0.9750.
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 weekly forecast on August 14 — 18, 2017 suggests an attempt of pair growth into the area of 0.9850, within the framework of the beginning of the development of the «Head and Shoulders» reversal model, the breakdown of the area will be 0.94.
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