Dollar Franc forecast USD/CHF on February 9, 2018


Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9424. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend for the Dollar/Franc pair. Ichimoku Kinko Hyo Cloud near the level 0.9430 is expected to be tested, from which it is expected to attempt a rebound and continue falling of the pair with the target close to the level of 0.9325.

Dollar Franc forecast USD/CHF on February 9, 2018

Dollar Franc forecast USD/CHF on February 9, 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 0.9315. 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 ​​0.9460, indicating a change in the flat trend in favor of the upside. Expect to accelerate the fall in USD/CHF quotes with the breakdown of the lower boundary of the indicator Cloud and the closing below the level of 0.9250.


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