Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9272. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Franc pair. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.9320 is expected, from which it is expected to attempt a rebound and continue the fall of the pair with the target near the level of 0.9150.
Dollar Franc forecast USD/CHF on February 16, 2018
Earlier, a medium strength signal was received for the sell of the Dollar/Franc pair, due to the crossing of the signal lines at the level of 0.9375. 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 quotes above the area of 0.9410, which will indicate a change in the bearish trend in favor of the bullish trend. Expect the acceleration of USD/CHF quotes falling with the breakdown of the support area and the closing below the level of 0.9205.
