Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9730. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the Dollar/Franc pair. The test of the upper boundary of the Ichimoku Kinko Hyo indicator cloud is expected near the level of 0.9725, from which one should expect an attempt of growth and further development of the bullish trend with the target close to the level of 0.9870.
Dollar Franc forecast USD/CHF on October 13, 2017
An additional signal in favor of the growth of the pair will be a test of the lower boundary of the bullish channel. Earlier, a weak signal was received for the sell of the Dollar/Franc, due to the crossing of signal lines at 0.9775. The cancellation of the growth of the quotes of the pair will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 0.9680, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations USD/CHF stands with the breakdown of the area 0.9910.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
