Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9862. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Franc pair. The test area of Ichimoku Kinko Hyo signal lines near 0.9920 is expected, from which it is expected to attempt a rebound and continue the development of the bearish trend with a view to falling near the level of 0.9790.
Dollar Franc forecast USD/CHF on November 16, 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 0.9960. 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 the acceleration of USD/CHF quotations falling with the breakdown of the level of 0.9860.
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