Currency pair Canadian Dollar to Swiss Franc CAD/CHF is trading at 0.7240. The pair is trading within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the Canadian Dollar Franc. Ichimoku Kinko Hyo Cloud Upper Test is expected near the 0.7260 level from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 0.7200.
CAD/CHF forecast & analysis on May 30, 2017
Earlier, a signal of medium strength was received for the sale of the Canadian Dollar to Swiss Franc, due to the crossing of the signal lines at the level of 0.7224. To consider selling the pair CAD/CHF stands with the breaking of the lower boundary of the Cloud of Ichimoku Kinko Hyo and the closing of quotes below the level of 0.7190, in case of breaking the upper boundary of the Cloud, Ichimoku Kinko Hyo should expect the development of the bullish trend in CAD/CHF to continue.
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