Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9376. 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 is expected to test near the 0.9340 level, from which it is expected to attempt a rebound and continue the pair’s growth with the target close to the level of 0.9455. An additional signal in favor of the growth of the pair will test the level of support.
Dollar Franc forecast USD/CHF on February 28, 2018
Earlier, a weak signal was received for the sell of the Dollar/Franc pair, due to crossing of the signal lines at the level of 0.9355. The cancellation of the growth of the pair’s quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 0.9260, which will indicate a shift in the bullish trend in favor of the bearish trend. Expect the acceleration of USD/CHF quotes growth with the breakdown of the upper limit of the bearish channel and the closing above the level of 0.9405.
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