The currency pair US Dollar to Swiss Franc USD/CHF is trading at 1.0037. The pair continues to bargain inside the Ichimoku Cloud, which indicates the presence of a lateral trend in the US Dollar Franc. A test of the lower boundary of the Ichimoku Cloud near the level of 1.0030 is expected, then the test of the upper boundary of the Ichimoku Cloud near level 1.0070 will follow.
Ichimoku Kinko Hyo USD/CHF prediction on April 18, 2017
Earlier, a weak signal was received for sales of the US Dollar Franc, due to the intersection of signal lines at 1.0066. To consider the sale is worthwhile with the penetration of the lower boundary of the Ichimoku Cloud and the closing of quotations below the level of 1.0000, in case of breaking through the upper boundary of the Ichimoku Cloud, we should expect the continuation of the upward trend development in USD/CHF.
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