Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9714. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the Dollar/Franc pair. Ichimoku Kinko Hyo indicator area signal line test near the level of 0.9680 is expected, where we can expect an attempt of growth and further development of the bullish trend with the target of growth near the level of 0.9820. An additional signal in favor of the growth of the pair on Forex will be a test of the support area.
Dollar Franc forecast USD/CHF on September 22, 2017
Earlier, a strong signal was received for buying of the Dollar/Franc pair, due to the crossing of signal lines at the level of 0.9640. The cancellation of the growth of the quotes of the pair will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 0.9595, which will indicate a change in the bullish trend in favor of the bearish trend. Expect the acceleration of USD/CHF quotes growth with the breakdown of the area of 0.9750.
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