Currency pair US Dollar to Swiss Franc USD/CHF is trading at 0.9701. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the US Dollar to Swiss Franc USD/CHF. It is expected to test the area of signal lines near the level of 0.9730, from which one should expect an attempt to fall and develop a bearish trend for a pair of US Dollar to Swiss Franc USD/CHF near the level of 0.9610.
USD/CHF prediction & signals on May 24, 2017
Earlier, a weak signal was received for the sale of the USD/CHF, due to the crossing of the signal lines at 1.0038. The cancellation of the fall of the pair quotes will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the area of 0.9930, which will indicate a change in the bearish trend in favor of the bullish trend. Expect the acceleration of the fall in USD/CHF quotes with the breakdown of the local minimum area at 0.9630.
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