Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9811. The pair is trading above the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Dollar/Franc pair. The test area of Ichimoku Kinko Hyo final lines near the level of 0.9780 is expected, from which it is expected to attempt a rebound and further development of the bullish trend with the target close to the level of 0.9880. Earlier, a weak signal was obtained for the purchases of the Dollar/Franc pair, due to crossing of the signal lines at the level of 0.9735.
Dollar Franc forecast USD/CHF on October 23, 2017
The cancellation of the growth of the quotes of the pair will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 0.9720, 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 upper limit of the «Triangle» model and the closing above the area of 0.9855.
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