Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9965. 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 0.9920 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 1.0050.
Dollar Franc forecast USD/CHF on October 30, 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 quotations of the pair will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 0.9820, which will indicate a shift in the bullish trend in favor of the bearish trend. Expect an acceleration in the growth of quotations USD/CHF is worth a breakdown level of 0.9980.
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