Currency pair US Dollar to Swiss Franc USD/CHF is trading at 0.9688. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the pair USD/CHF. Ichimoku Kinko Hyo Cloud near the level of 0.9720 is expected to test the lower boundary of the Cloud, from which it is worth to expect a fall attempt and the development of a bearish trend in the pair US Dollar to Swiss Franc near the level of 0.9610.
USD/CHF forecast Swiss Franc on June 2, 2017
Earlier, a medium strength signal was received for the sale of the USD/CHF, due to the crossing of the signal lines at 0.9748. The cancellation of the fall of the pair’s quotations will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the pair quotes closing above the area of 0.9760, which will indicate a downward trend in favor of the upward trend. Expect to accelerate the fall in USD/CHF quotes with a breakdown of the local minimum area at 0.9640.
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