The currency pair US Dollar to Swiss Franc USD/CHF is trading at 1.0074. The pair is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, indicating that there is an upward trend in the pair US Dollar Frank. The pair is expected to fall near the level of 1.0020, from which it is expected to try to grow and develop the bullish trend for the pair US Dollar Franc near the level of 1.0140.
USD/CHF prediction & forex analysis on May 12, 2017
Earlier, a weak signal was received for the purchases of the US Dollar Franc, due to the intersection of signal lines at 0.9893. The cancellation of the variant of growth of 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 0.9950, which will indicate a change in the upward trend in favor of the downward trend. Expect to accelerate the growth of quotations USD/CHF is with the breakdown of the local maximum area at the level of 1.0110.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
