Currency pair US Dollar to Swiss Franc USD/CHF is trading at 0.9724. The pair broke through the Ichimoku Kinko Hyo Cloud and began to bargain above its upper limit, indicating that there is an bullish trend in the pair US Dollar/Franc. Ichimoku Kinko Hyo Cloud near the level of 0.9710 is expected to test the upper bound of the cloud, from which one should expect an attempt to grow and develop the bullish trend for the pair Dollar/Franc with the target of growth near the level of 0.9830.
Dollar Franc forecast USD/CHF on June 16, 2017
Earlier, a signal of medium strength was received for the sale of the Dollar/Franc, due to the crossing of the signal lines at the level of 0.9683. The cancellation of the growth of the pair’s quotations will be the breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of the pair’s quotes below the area of 0.9630, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations USD/CHF stands with the breakdown of the local maximum area at the level of 0.9800.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
