The currency pair Euro Franc EUR/CHF is trading at 1.0703. The pair is trading below the lower limit of the Ichimoku Cloud, which indicates the presence of a downward trend for the Euro Franc pair. It is expected to test the lower boundary of Ichimoku Cloud near the level of 1.0750, where is expected to try and fall of bearish trend for this pair to lower levels 10640.
Ichimoku Kinko Hyo forecast EUR/CHF on March 24, 2017
Previously received a strong signal to sell the pair Euro Frank, by the intersection of the signal lines at the level of 1.0715. Cancellation option will reduce the breakdown of the upper limit of the Ichimoku Cloud with closing above 1.0750 area quotes that point to change the downward trend in favor of the rising. Is expected to accelerate the fall of quotations EUR/CHF is a breakdown of the local minimum at 1.0690 area.
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