Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9929. 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 Cloud is expected to test near the 0.9940 level, from which it is expected to attempt a rebound and further develop the bearish trend with a view to falling near the level of 0.9820.
Dollar Franc forecast USD/CHF on November 13, 2017
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 0.9970. 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 1.0005, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in USD/CHF quotations with a breakdown of 0.9910.
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