Currency pair US Dollar to Swiss Franc USD/CHF is trading at 0.9694. The pair is traded 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 level of 0.9670, from which it is expected to try to grow and develop the bullish trend for the pair Dollar/Franc with the first target near the level of 0.9810.
US Dollar to Franc forecast USD/CHF on June 15, 2017
Earlier, a signal of medium strength was received for the sale of the Dollar/Franc, due to the crossing of the signal lines at the level of 0.9683. The cancellation of the growth of the quotes of the pair will be the breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of the pair quotes below the area of 0.9620, which will indicate the change of the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations USD/CHF stands with the breakdown of the local maximum area at 0.9770.
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