Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9625. 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 signal line area test is expected near the level of 0.9670, from which it is expected to attempt a rebound and continue falling of the pair with the target near the level of 0.9505. An additional signal in favor of falling quotes of the pair will be a resistance level test.
Dollar Franc forecast USD/CHF on January 18, 2018
Earlier, an average signal signal was received for the sell of the Dollar/Franc pair, due to the crossing of the signal lines at the level of 0.9785. The cancellation of the fall of the pair quotes will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 0.9740, which indicates a change in the bearish trend in favor of the bullish trend. Expect an acceleration in the fall of USD/CHF quotes with a breakdown of the level of 0.9590.
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