Mar 24, 2015

Forex Technical Analysis 24.03.2015 USD CHF

FXTM Online Analysis Department.



USD CHF, “US Dollar vs Swiss Franc”

Franc is still moving inside a descending structure. We think, today the price may reach level of 0.96090 and then return to level of 0.98900, thus forming a consolidation channel.

 If the market breaks this channel upwards, it may continue growing to reach a new high; if downwards – continue falling inside the downtrend.

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