nikitafx
Short

EUR/CHF target: 0.8749 ( Nikita FX)

FX:EURCHF   Euro Fx/Swiss Franc
429 2 4
EUR/CHF             finally breached 1.2000 Central Bank Manipulation support.
Wave counting is now on the way of Final 5 wave.
The target will be:

1.2649-(1.6377-1.0067) x Fib.61.8%=0.8749

EUR/CHF 1.20 breakdown & strong Recovery (Nikita FX )

My former prediction with wave 4-ABC was denied already.

However wave 4 & 5 looks like a huge H&S breakdown to me.
Therefore its target might be 0.7485 at maximum.

Nikita FX (http://climbingfx.jugem.jp/ )
That's one strange H&S my friend...

I wouldn't bother trading this or any CHF pairs for some time.
Reply
pabx06
2 years ago
attractiveness of the #CHF in the context of
the #EU crisis and the risk of further easing by the
#ECB will be downside pressure in #EURCHF
Reply
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