Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9756. 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 near the level 0.9760 is expected to test the lower boundary, from which one should expect an attempt to fall and further develop the bearish trend with the target close to the level of 0.9645.
Dollar Franc forecast USD/CHF on October 18, 2017
Earlier, a weak signal was received for the sale of the Dollar/Franc, due to the crossing of signal lines at 0.9775. 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 quotes above the area of 0.9790, which will indicate a change in the bearish trend in favor of the bullish trend. Expect the acceleration of the fall in USD/CHF quotes is with the breakdown of the area of 0.9700.
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