Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9902. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend for the Dollar/Franc pair. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.9865 is expected, from which it is expected to attempt a rebound and further development of the bullish trend with the target near the level of 0.9960.
Dollar Franc forecast USD/CHF on October 26, 2017
Earlier, a weak signal was obtained for the buy of the Dollar/Franc pair, due to crossing of the signal lines at the level of 0.9735. The cancellation of the growth of the quotations of the pair will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 0.9755, which will indicate a change in the bullish trend in favor of a bearish trend. Expect the acceleration of USD/CHF quotes growth with a breakdown of 0.9920 level.