Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9815. 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 the level of 0.9860 is expected, from which it is expected to attempt a rebound and continue the development of the bearish trend with a target to falling near the level of 0.9730.
Dollar Franc forecast USD/CHF on November 24, 2017
Earlier, a medium strength signal was received for the sell of the Dollar/Franc pair, due to the crossing of the signal lines at the level of 0.9905. 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 0.9930, which will indicate a change in the bearish trend in favor of the bullish trend. Expect the acceleration of falling USD/CHF quotes with a breakdown of the level of 0.9780.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
