Currency pair US Dollar to Swiss Franc USD/CHF is trading at 0.9654. The pair broke through the Ichimoku Kinko Hyo Cloud and is trading below its lower limit, indicating a bearish trend in the Dollar/Franc. The pair USD/CHF is expected to rise near the level of 0.9700, from which it is expected to try to fall and develop the bearish trend for the pair Dollar/Franc with the target of reducing near the level of 0.9620.
Swiss Franc forecast USD/CHF on June 28, 2017
Earlier, a weak signal was received for the sale of the Dollar/Franc, due to the crossing of signal lines at 0.9730. The cancellation of the fall of the pair’s quotations will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of the pair’s quotes above the area of 0.9730, which will indicate a change in the 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 0.9640.
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