Dollar Franc forecast USD/CHF on October 27, 2017


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Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9887. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend for the Dollar/Franc pair. The test area of ​​Ichimoku Kinko Hyo signal lines near the level of 0.9865 is expected, from which it is expected to attempt a rebound and further development of the bullish trend with the target near the level of 0.9990.

Dollar Franc forecast USD/CHF on October 27, 2017

Dollar Franc forecast USD/CHF on October 27, 2017

Earlier, a weak signal was obtained for the buy of the Dollar/Franc pair, due to crossing of the signal lines at the level of 0.9735. The cancellation of the growth of the quotes of the pair will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of ​​0.9765, which will indicate a change in a bullish trend in favor of a bearish trend. Expect an acceleration in the growth of quotations USD/CHF is worth a breakdown level of 0.9950.

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