Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9417. 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 0.9465, from which it is expected to attempt a rebound and continue falling of the pair with the target near the level of 0.9285. An additional signal in favor of falling quotes of the pair will be a resistance level test.
Dollar Franc forecast USD/CHF on January 26, 2018
Earlier, a strong signal was received for the sell of the Dollar/Franc pair, due to the crossing of the signal lines at the level of 0.9585.
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 0.9680, which will indicate a change in the bearish trend in favor of the bullish. Expect to accelerate the fall in USD/CHF quotes with a breakdown of the lower boundary of the descending channel and a closing below the level of 0.9355.
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