Currency pair US Dollar to Swiss Franc USD/CHF is trading at 0.9642. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating that there is an bullish trend in the pair Dollar/Franc. The USD/CHF pair is expected to rise to 0.9660, followed by the Ichimoku Kinko Hyo Upper Cloud near the 0.9640 level, where we expect an attempt to grow and develop the bullish trend for the pair Dollar/Franc with a target of growth near 0.9740.
USD/CHF forecast Swiss Franc on July 13, 2017
Earlier, a signal of medium strength was obtained for buying of the Dollar/Franc, due to the crossing of the signal lines at the level of 0.9640. The cancellation of the growth of the quotes of the pair will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of the pair quotes below the area of 0.9600, which will indicate a change in 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 the level of 0.9720.
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