Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9917. 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 0.9935 level, from which one should expect a rebound attempt and continue the development of the bearish trend with the target falling near the level of 0.9820.
Dollar Franc forecast USD/CHF on November 22, 2017
Earlier, a strong signal was received for the sell of the Dollar/Franc pair, due to the crossing of the signal lines at the level of 0.9910. The cancellation of the fall of the pair quotations will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the area of 0.9960, 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.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
