Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9938. 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 0.9945 level, from which it is expected to attempt a rebound and continue the development of the bearish trend with the target of falling near the level of 0.9820.
Dollar Franc forecast USD/CHF on November 20, 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 a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the area of 0.9990, which will indicate a change in the bearish trend in favor of the bullish trend. Expect the acceleration of falling quotations USD/CHF is with the breakdown of the level of 0.9840.
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