Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9958. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downward trend in the Dollar/Franc pair. Ichimoku Kinko Hyo Cloud near the level of 0.9970 is expected to be tested, from which one should expect a rebound attempt and continue the development of the bearish trend with the aim of falling near the level of 0.9840.
Dollar Franc forecast USD/CHF on November 15, 2017
Earlier, a weak signal was received for the sale 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 the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the area of 1.0010, which will indicate 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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