Currency pair US Dollar to Swiss Franc USD/CHF completes trading week at 1.0074. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating that there is an upward trend in the pair US Dollar Frank. The Ichimoku Kinko Hyo Cloud Upgrade Test is expected near the level of 1.0020, from which it is expected to try to grow and develop the bullish tendency for the pair near the level of 1.0200.
USD/CHF forecast US Dollar Franc on May 15 — 19, 2017
Previously, a strong signal was received for the sale of the US Dollar to Swiss Franc, due to the intersection of the signal lines at 0.9960. The cancellation of the growth of the pair’s quotations will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations of the pair below the area of 0.9940, which will indicate a change in the upward trend in favor of the downward trend. Expect to accelerate the growth of quotations USD/CHF stands with the breakdown of the local maximum area at the level of 1.0140.
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