Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9583. 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 Cloud is expected to test near the level of 0.9625, from which it is expected to attempt a rebound and continue falling of the pair with the target near the level of 0.9455. An additional signal in favor of falling quotes of the pair will be a resistance level test.
Dollar Franc forecast USD/CHF on January 25, 2018
Earlier, a strong signal was received for the sell of the Dollar/Franc pair, due to the crossing of the signal lines at the level of 0.9585.
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 0.9710, which will indicate a change in the bearish trend in favor of the bullish trend. Expect the acceleration of USD/CHF quotations falling with the breakdown of the lower bound of the «Triangle» model and the closing below the level of 0.9535.
