aslamhammad
Long

USD/CHF Monthly chart

FX:USDCHF   U.S. Dollar / Swiss Franc
30 0 2
Well it's possible that price may go upto 1.1680 if Fed hiked interest rate upto 0.25 basis points....Current rate is 0.25%, so if they hike it, upto 0.50%....than it is possible to an initial spike to 1.0588.....It may find more buyers later above 1.0600, level, and eventually can goto 1.1600 by end of 2017....As there maybe later another rate hike in March (Spring time).
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