Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9363. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Dollar/Franc pair. Ichimoku Kinko Hyo upper limit test is expected near the level of 0.9350, from which it is expected to attempt a rebound and continue the growth of the pair with the target near the level of 0.9465.
Dollar Franc forecast USD/CHF on March 6, 2018
An additional signal in favor of the growth of the pair will test the level of support. Earlier, a weak signal was received for the sell of the Dollar/Franc pair, due to the crossing of the signal lines at the level of 0.9405.
The cancellation of the growth of the quotations of the pair will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 0.9280, 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.
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