Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9358. 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 0.9360 level, from which it is expected to attempt a rebound and continue the fall of the pair with the target near the level of 0.9205. An additional signal in favor of the fall of the pair is the resistance level test.
Dollar Franc forecast USD/CHF on February 22, 2018
Earlier, a weak signal was received for the buy of the Dollar/Franc pair, due to the crossing of the signal lines at the level of 0.9275. 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 quotations above the area of 0.9385, 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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