The currency pair USD/CHF is trading at 1.0069. The pair continues to trade above the Ichimoku Cloud, which indicates a potential extension of the pair of quotations growth in the area above the level of 1.0150. At the moment, we can expect a tight test of Ichimoku Cloud, which acts as an important area of support and development of a rebound with growth.
Ichimoku Kinko Hyo forecast USD/CHF on February 28, 2017
Cancellation option will drop the continued growth and the breakdown of the lower limit of the Ichimoku Cloud with closing quotations below 1.0015 area, which indicates the potential change of the trend in favor of fall. Consider buying is the intersection of the signal lines in favor of the purchase, that will indicate the formation of a strong signal in favor of the purchase.
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