The currency pair Canadian Dollar Franc CAD/CHF is trading at 0.7443. The pair is trading below the lower limit of the Ichimoku Cloud, which indicates the presence of a downward trend for the Canadian dollar pair Frank. Expected lower limit of the Ichimoku Cloud test near the level of 0.7460, where is expected to try and fall of bearish trend for this pair in order to reduce the level of 0.7330.
Ichimoku Kinko Hyo Forecast CAD/CHF on March 24, 2017
Previously it received a strong signal to sell the pair Canadian Dollar Frank, by the intersection of the signal lines at the level of 0.7480. Cancellation option will reduce the breakdown of the upper limit of the Ichimoku Cloud with closing above 0.7520 area quotes that point to change the downward trend in favor of the rising. Is expected to accelerate the fall of quotations CAD/CHF is a breakdown of the local minimum area at 0.7430 level.
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