The currency pair US Dollar to Swiss Franc USD/CHF is trading at 0.9758. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating that there is an bullish trend in the pair Dollar/Franc. The USD/CHF pair is expected to fall to the level of 0.9720, from which it is expected to try to grow and develop the bullish trend for the pair Dollar/Franc with the target of growth near the level of 0.9870.
Dollar Franc forecast USD/CHF on August 9, 2017
Earlier, a strong signal was received for buying of the Dollar/Franc, due to the crossing of signal lines at the level of 0.9680. 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 0.9590, 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 0.9840.
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