Currency pair Canadian Dollar to Swiss Franc CAD/CHF is trading at 0.7318. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the pair Canadian Dollar to Swiss Franc. Ichimoku Kinko Hyo Cloud test is expected near the level of 0.7270 from which we should expect an attempt to grow and develop the bullish trend of the pair with the purpose of growth near the level of 0.7460.
Ichimoku Kinko Hyo CAD/CHF forecast on May 16, 2017
Earlier, a weak signal was received for the sale of the Canadian Dollar to Swiss Franc, due to the crossing of the signal lines at the level of 0.7321. Cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 0.7230, which will indicate a change in the bullish trend in favor of a downward trend. Expect to accelerate the growth of quotations CAD/CHF is with the breakdown of the local maximum area at the level of 0.7360.
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