USD/CHF: Ichimoku analysis (Mar. 28)
Tatiana Norkina, FBS
Daily. Bulls keep on pushing the pair up. The pair recovered towards the 0.8870 resistance and is trying to break this level to the upside. Bulls need to see a "golden cross" as a support. In the near term we expect the price to decline towards the 0.8800 figure.
Chart. Daily USD/CHF
H4. The pair held in the positive zone. Ichimoku Cloud turned bullish, Tenkan and Kijun lines formed a "golden cross". The pair may break towards the 0.8900 figure, after that we expect a sharp decline to the upper boarder of the Cloud.
Chart. H4 USD/CHF