Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9288. 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 near the level 0.9345 is expected to be tested, from which it is expected to attempt a rebound and continue the fall of the pair with the target close to the level of 0.9160. An additional signal in favor of the fall of the pair is the resistance level test.
Dollar Franc forecast USD/CHF on February 21, 2018
Earlier, a medium strength signal was received for the sell of the Dollar/Franc pair, due to crossing of the signal lines at the level of 0.9375. 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 0.9375, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in USD/CHF quotes with a breakdown of the lower border of the channel and closing below the level of 0.9140.
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