The currency pair US Dollar Swiss Franc USD/CHF has completed the trading week at 0.9911. The pair continues to trade below the lower limit of the Ichimoku Cloud, which indicates a downward trend in the pair US Dollar Frank. The test of the lower boundary of the Ichimoku Cloud near the level of 1.0018 is expected, from which one should expect an attempt to fall and develop a bearish trend for this pair with the aim of falling the level of 0.9810.
Ichimoku forecast USD/CHF on March 27 — 31, 2017
Earlier, a signal of medium strength was received for the sale of the US Dollar Franc, due to the intersection of the signal lines at 1.0050. Cancellation of the fall option will be a breakdown of the upper boundary of the Ichimoku Cloud with the closing of quotes above the area of 1.0110, which will indicate a change in the downward trend in favor of the ascending trend. Expect to accelerate the fall in USD/CHF quotations with a breakdown of the local minimum area at 0.9880.
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