The currency pair US Dollar to Swiss Franc USD/CHF is trading at 1.0029. The pair is trading above the upper limit of the Ichimoku Cloud, indicating that there is an upward trend in the Pair of the US Dollar Franc. A test of the signal line area near the level of 1.0000 is expected, from which one should expect an attempt of growth and development of the bullish tendency for the pair with the purpose of growth near the level of 1.0120.
Ichimoku USD/CHF Prediction on April 4, 2017
Earlier, a weak signal was received for purchases of the Pair of the US Dollar Franc, due to the crossing of the signal lines at the level of 0.9880. The cancellation of the growth option will be a 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 1.0060.
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