The currency pair US Dollar to Swiss Franc USD/CHF is trading at 0.9634. The pair is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the US Dollar/Franc. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.9590 level, from which it is expected to test the upper boundary of the Ichimoku Kinko Hyo Cloud near the level of 0.9710.
Swiss Franc forecast USD/CHF on August 10, 2017
Earlier, a strong signal was received for buying of the Dollar/Franc, due to the crossing of signal lines at the level of 0.9680. Consider buying the pair is with the breaking of the upper boundary of the Cloud Ichimoku Kinko Hyo and the closing of quotes above the level of 0.9740, in the case of breaking the lower boundary of the Cloud Ichimoku Kinko Hyo, we should expect the continuation of the bearish trend in USD/CHF.
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