Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9387. 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 near the level of 0.9350 is expected to be tested, from which it is expected to attempt a rebound and continue the growth of the pair with the target close to the level of 0.9525.
Dollar Franc forecast USD/CHF on February 14, 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 growth of the quotations of the pair will become the lower upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 0.9320, which will indicate a change in the bullish trend in favor of the bearish trend. Expect the acceleration of the growth of quotations USD/CHF is with the breakdown of the resistance area and the closing above the level of 0.9430.