Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9387. 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 0.9355 level, from which it is expected to attempt a rebound and continue the fall of the pair with the target close to the level of 0.9240.
Dollar Franc forecast USD/CHF on February 15, 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 quotations will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below 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 quotations falling with the breakdown of the support area and the closing below the level of 0.9270.
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