Currency pair US Dollar to Swiss Franc USD/CHF completes trading week at 0.9690. The pair is trading below the lower boundary of the Cloud Ichimoku Kinko Hyo, indicating a bearish trend in the pair Dollar/Franc. Ichimoku Kinko Hyo Cloud near the level of 0.9800 is expected to be tested, from which one should expect an attempt to fall and develop a bearish tendency for the pair with a target to lower near the level of 0.9580.
Swiss Franc to Dollar forecast on June 26 — 30, 2017
Previously, a strong signal was received for the sale of the Dollar/Franc, due to the crossing of the signal lines at 0.9960. The cancellation of the fall of the pair’s quotes will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of the pair’s quotes above the 0.9920 area, which will indicate a bearish trend in favor of the bullish trend. Expect to accelerate the fall in USD/CHF quotations with a breakdown of the local minimum area at 0.9620.
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