Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9814. 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 0.9850 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 0.9720.
Dollar Franc forecast USD/CHF on November 27, 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. Cancellation of the fall of the pair quotes will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the area of 0.9910, which indicates 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.
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