USD/CHF forecast & analysis on May 22, 2017

Currency pair US Dollar to Swiss Franc USD/CHF is trading at 0.9786. The pair USD/CHF is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the US Dollar to Swiss Franc. It is expected to test the area of ​​signal lines near the level of 0.9860, from which one should expect an attempt to fall and develop a bearish trend for a pair US Dollar to Swiss Franc USD/CHF near the level 0.9710.

USD/CHF forecast & analysis on May 22, 2017

USD/CHF forecast & analysis on May 22, 2017

Earlier, a weak signal was received for the sale of the pair US Dollar to Swiss Franc USD/CHF, due to the crossing of the signal lines at 1.0038. The cancellation of the fall of the pair quotations will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the area of ​​0.9960, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in USD/CHF quotes with a breakdown of the local minimum area at 0.9740.


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