The currency pair USD/CHF is trading at 1.0091. The pair was able to break through the upper limit of the Ichimoku Cloud, which points to the continued development of an upward trend on the pair with a potential target for growth in the area above the level of 1.0170.
Ichimoku Kinko Hyo forecast USD CHF on February 23, 2017
Previously it received a strong signal in favor of buying USD/CHF by the intersection of the signal lines. Cancellation option of growth of pair Dollar Frank will fall and breakdown of 0.9990 area, which points to a signal in favor of abolition of the buying and the potential shift to a bearish trend. Expect faster growth of quotations should be expected from the area of 1.0115 breakdown.
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