Currency pair USD/CHF US Dollar to Swiss Franc is trading at 0.9534. The pair is trading above the upper Ichimoku Kinko Hyo Cloud, indicating a bullish trend in the Dollar/Franc pair. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 0.9500 level, from which it is expected to attempt a rebound and continue the pair’s growth with the target close to the level of 0.9620.
USD/CHF forecast Dollar Franc for April 2, 2018
An additional signal in favor of the growth of the pair will be a test of the support area. Earlier, we received a weak signal for buy of the Dollar/Franc pair, due to the crossing of the signal lines at the level of 0.9470.
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 0.9465, which will indicate a change in the bullish trend in favor of the bearish trend and the continuation of the fall. Expect the acceleration of the growth of quotations USD/CHF stands with the breakdown of the resistance area and the closing above the level of 0.9580.