Alex Borzak
Forex news, rate of Swiss franc. According to Commerzbank analytics, there will be no doubts about bull power when USDCHF currency pair passes 0.9395 point.
Analytic Karen Johns has made an assumption that when the currency pair drops below 0.9250, points 0.92 and 0.9080 will become the next targets of the bearish trend.
The rate of Swiss franc keeps rising by implementing the bullish trend suggested on January 25, 2012. According to the experts of Мasterforex-V Trading System, sub-wave С is currently formed within bearish wave А/В, and it is at least of Daily level. If USDCHF currency pair keeps falling, its support will be provided by Fibonacci points 0.9153, 0.9103, and 0.9080, as well as pivot MF 0.9065. The bearish trend will be over when sloping channel MF and pivot MF 0.9328 are passed.
Alex Borzak
