The Currency pair US Dollar to Swiss Franc USD/CHF is trading at the level of 1.0005. The pair is trading above the upper limit of the Ichimoku Cloud, indicating that there is an upward trend in the pair US Dollar Frank. The pair is expected to correct the quotes near the level of 0.9970, from which it is expected to try to grow and develop the bullish trend for the pair US Dollar Franc near the level of 1.0065.
Ichimoku Kinko Hyo USD/CHF prediction on May 10, 2017
Earlier, a weak signal was received for purchases of the US Dollar Franc, due to the intersection of signal lines at 0.9893. The cancellation of the growth of the pair’s quotations will be the breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 0.9900, which will indicate a shift in the upward trend in favor of the downward trend. Expect to accelerate the growth of quotations USD/CHF is with the breakdown of the local maximum area at 1.0035.
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