Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9392. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Dollar/Franc pair. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.9350 is expected, from which it is expected to attempt a rebound and continue the growth of the pair with the target near the level of 0.9475. An additional signal in favor of the growth of the pair will be the test of the upper boundary of the bearish channel.
Dollar Franc forecast USD/CHF on March 1, 2018
Earlier, a strong signal was received for buy of the Dollar/Franc pair, due to the crossing of the signal lines at the level of 0.9365. The cancellation of the growth of the quotes of the pair will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below the area of 0.9270, which will indicate a change in the bullish trend in favor of the bearish trend. Expect the acceleration of USD/CHF quotes growth with the breakdown of the resistance area and the closing above the level of 0.9425.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
