The currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9662. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating that there is an bullish trend in the pair US Dollar/Franc. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 0.9570, where we can expect an attempt to grow and develop the bullish trend for the pair US Dollar/Franc with the target of growth near the level of 0.9790.
US Dollar Franc forecast USD/CHF on August 1, 2017
Earlier, a weak signal was received for buying of the Dollar/Franc, due to the crossing of signal lines at 0.9522. The cancellation of the growth of the pair’s quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of the pair’s quotes below the area of 0.9500, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations USD/CHF is with the breakdown of the local maximum area at 0.9760.
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