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Veejahbee

EW: USDCHF Should Start a Major Down Turn Soon

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
Veejahbee  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns Wave Analysis USDCHF usdchfshort usdchfsignal usdchfanalysis dollar dollarweakness elliotwaveanalysis elliotwavecount
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4
trendanalysis chartpattern waveanalysis usdchf usdchfshort usdchfsignal usdchfanalysis dollar dollarweakness elliotwaveanalysis elliotwavecount
USDCHF seems to be making a double zigzag Elliot Wave corrective chart pattern.
The wave X of the double zigzag is currently retesting the upper trend channel that lined up with key psychological number 1.0000.
The price of USDCHF has the potential to turn lower as other negative correlated pairs like EURUSD, GOLD are heading higher.

What's your thought about USDCHF?
Kindly drop some comments.
Thanks for reading!
Veejahbee.

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