We've had a clear 3-wave corrective rally off the 0.96940 in USDCHF.
Targets are marked and derived by using Fibonacci extension off of the 5th wave.
Targets are marked and derived by using Fibonacci extension off of the 5th wave.
Trade closed: stop reached:
Waiting to see how we react to the 1.00150 level now. If we breach that, then USDCHF can be said to have carved out a bottom.