Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9817. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Dollar/Franc pair. Ichimoku Kinko Hyo Cloud test is expected near the 0.9790 level, from which it is expected to attempt a rebound and continue the growth of the pair with the target close to the level of 0.9870. An additional signal in favor of the growth of quotations of the pair is the test of the upper boundary of the bearish channel.
Dollar Franc forecast USD/CHF on January 10, 2018
Earlier, a weak signal was obtained for the buy of the Dollar/Franc pair, due to the crossing of the signal lines at the level of 0.9765. The cancellation of the growth of the pair’s quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 0.9740, which will indicate a change in the bullish trend in favor of the bearish trend. Expect an acceleration in the growth of quotations USD/CHF stands with a breakdown of the level of 0.9840.