Currency pair US Dollar to Swiss Franc USD/CHF is trading at 0.9769. The pair is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the pair. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.9750 level, from which it is expected to test the Ichimoku Kinko Hyo upper cloud boundary near the level of 0.9850.
Ichimoku Kinko Hyo forecast USD/CHF on May 31, 2017
Earlier, a weak signal was received for buying of the currency pair USD/CHF, due to the crossing of signal lines at 0.9737. Consider buying is worthwhile with the breaking of the upper boundary of the Ichimoku Kinko Hyo Cloud and the closing of quotes above the level of 0.9880, in case of breaking the lower boundary of the Ichimoku Kinko Hyo Cloud, we should expect the continuation of the bearish trend in USD/CHF.
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