Currency pair US Dollar to Swiss Franc USD/CHF is trading at 0.9640. The pair continues to trade within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the Dollar/Franc. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 0.9620 level, from which it is expected to test the upper boundary of the Ichimoku Kinko Hyo Cloud near the level of 0.9720.
Swiss Franc forecast USD/CHF on August 11, 2017
Earlier, a weak signal was received for the sale of the Dollar/Franc, due to the crossing of signal lines at 0.9690. Consider selling the pair is with the breaking of the lower boundary of the Ichimoku Kinko Hyo Cloud and the closing of quotes below the level of 0.9590, in case of breaking the upper boundary of the Cloud Ichimoku Kinko Hyo, it is necessary to expect the continuation of the bullish trend development in USD/CHF.
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