Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9508. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Dollar/Franc pair. A test of the area of 0.9480 is expected, from which it is expected to attempt a rebound and continue the growth of the pair with the target close to the level of 0.9585.
Dollar Franc forecast USD/CHF on March 12, 2018
An additional signal in favor of the growth of the pair will test the support area. Earlier, a medium strength signal was received for buy of the Dollar/Franc pair, due to the crossing of the signal lines at the level of 0.9380.
The cancellation of the growth of the pair’s quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 0.9365, which indicates the continuation of the fall below the level of 0.9280. Expect the acceleration of the growth of quotations USD/CHF is with the breakdown of the resistance area and the closing above the level of 0.9545.
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