Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9369. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Franc pair. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.9435 is expected, from which it is expected to attempt a rebound and continue falling of the pair with the target near the level of 0.9185. An additional signal in favor of the fall of the pair is the test of the upper boundary of the bearish channel.
Dollar Franc forecast USD/CHF on January 31, 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 quotes above the area of 0.9530, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in USD/CHF quotes with a breakdown of the lower boundary of the bearish channel and a close below 0.9285.
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