Currency pair US Dollar to Swiss Franc USD/CHF is trading at 0.9676. The pair continues to trade within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the Dollar/Franc. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.9710 level, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 0.9660.
USD/CHF forecast Swiss Franc on June 14, 2017
Earlier, a weak signal was received for buying of the Dollar/Franc, due to the crossing of signal lines at 0.9655. Consider buying is worthwhile with the breaking of the upper boundary of the Ichimoku Kinko Hyo Cloud and the closing of quotes above the level of 0.9740, in the case of breaking the lower boundary of the Ichimoku Kinko Hyo Cloud, we should expect the development of the bearish trend in USD/CHF to continue.
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