Currency pair US Dollar to Swiss Franc USD/CHF is trading at 0.9756. The pair continues to trade below the lower boundary of the Cloud of Ichimoku Kinko Hyo, which indicates a bearish trend in the pair US Dollar to Swiss Franc. The pair is expected to rise near the 0.9790 level, from which it is expected to try to fall and develop the bearish trend for the pair USD/CHF near the level of 0.9650.
Swiss Franc forecast USD/CHF on May 25, 2017
Earlier, a weak signal was received for the sale of the US Dollar Franc, due to the crossing of the signal lines at 1.0038. 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 closing of quotations above the area of 0.9920, which will indicate a change in the downward trend in favor of the upside. Expect to accelerate the fall in USD/CHF quotations with a breakdown of the local minimum area at 0.9690.