Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9785. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Franc pair. Ichimoku Kinko Hyo signal line area test is near the level of 0.9805, from which it is expected to attempt a rebound and continue the fall of the pair with the target near the level of 0.9705.
Dollar Franc forecast USD/CHF on January 1, 2018
Earlier, a strong signal was received for the sale of the Dollar/Franc pair, due to the crossing of the signal lines at 0.9865. 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 0.9875, which will indicate a change in the bearish trend in favor of the bullish. Expect the acceleration of the fall in USD/CHF quotes with a breakdown of the level of 0.9760.
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