USD/CHF: support level of 0.9770. Technical analysis for 11/08/2016

Forex analytics: Review and dynamics At the beginning of August, the pair USD/CHF rebounded from the lower line of the ascending channel on the daily chart near the level of 0.9635 and, at the end of last week, the pair has reached resistance level of 0.9820 (Fibonacci 38.2% to the decline since December 2015 at the level of 1.0300). However, the rise in the pair was suspended due to weak data on the US labor ...