The currency pair USD/CHF is trading at 0.9650. The pair continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Dollar/Franc. The pair USD/CHF is expected to fall to the level of 0.9610, from which it is expected to try to grow and develop the bullish trend for the pair US Dollar/Franc with the target of growth near the level of 0.9810.
Dollar Franc forecast USD/CHF on August 2, 2017
Earlier, a weak signal was received for being of the Dollar/Franc, due to the crossing of signal lines at 0.9522. The cancellation of the growth of the pair’s quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of the pair’s quotes below the area of 0.9570, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations USD/CHF is with the breakdown of the local maximum area at 0.9780.
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