Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9395. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an upward trend in the Dollar Franc pair. Ichimoku Kinko Hyo Cloud near the level of 0.9330 is expected to test the upper boundary of the cloud, from which one should expect a rebound attempt and continue the growth of the pair with the target close to the level of 0.9535.
Dollar Franc forecast USD/CHF on February 23, 2018
Earlier, a weak signal was received for the buy of the Dollar/Franc pair, due to the crossing of the signal lines at the level of 0.9275. The cancellation of the growth of the pair’s quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 0.9255, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations USD/CHF stands with the breakdown of the upper boundary of the channel and the closing above the level of 0.9425.
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