The currency pair Dollar/Franc USD/CHF is still traded in the framework of Forex triangle model. As we see, yesterday Dollar/Franc quotations managed to touch the top border area and did not manage to pick up the stable ascending trend. Now we are again expecting the effort of an ascending trend to the area higher than the level of 1.0075 However, the triangle model could have a down trend as well, that is why the purchase of the Dollar/Franc pair on Forex is worth trying only if the top line of triangle model is reached.
Forex forecast USD/CHF on March 11
Thus, the Forex forecast of USD/CHF for 11.03.2016 supposes a reaching of triangle on top and picking up the ascending trend.