Dollar Franc forecast USD/CHF on January 15, 2018


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Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9765. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend for the Dollar/Franc. The test area of ​​Ichimoku Kinko Hyo signal lines near the level of 0.9775 is expected, from which it is expected to attempt a rebound and continue falling of the pair with the target near the level of 0.9670. An additional signal in favor of growth of quotations of the pair will be the formation of the reversal model «Head and Shoulders».

Dollar Franc forecast USD/CHF on January 15, 2018

Dollar Franc forecast USD/CHF on January 15, 2018

Earlier, a weak signal was obtained for the buy of the Dollar/Franc, due to the crossing of the signal lines at the level of 0.9765. 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 ​​0.9830, which will indicate a change in the flat trend in favor of a bullish trend. Expect to accelerate the fall in USD/CHF quotes with a breakdo

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