Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9785. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the Dollar/Franc pair. Ichimoku Kinko Hyo indicator area signal line test near the level of 0.9745 is expected, where we can expect an attempt of growth and further development of the bullish trend with the target close to the level of 0.9860.
Dollar Franc forecast USD/CHF on October 9, 2017
Earlier, a strong signal was received for 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 Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 0.9700, which will indicate a change in the bullish trend in favor of the bearish trend. Expect an acceleration in the growth of quotations USD/CHF stands with the breakdown of the area of 0.9810.
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