one hour analysis of USDCHF

FX:USDCHF   U.S. Dollar / Swiss Franc
Using the Elliot wave theory, from 9th to 20th march the pair was in an impulsive trend forming a 5 wave uptrend and from 20th to 30th march the pair formed a corrective trend which was a combination of flat and a zigzag wave. so we are looking for a another impulsive trend to level 1.00027.

alt; if the pair reverse to level 0.94660 we are looking to go short


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