USDCHF: Double Zig-zag Suggest Higher Prices To Follow

U.S. Dollar / Swiss Franc (FX:USDCHF)

FX:USDCHF U.S. Dollar / Swiss Franc

usdchf elliottwaves correction impulsive

USDCHF made a nice five wave move to the upside from recent lows and is now heading higher on the USD push up. This latest price action is clearly sideways and only a pause before we will see more upside on this pair. This corrective pattern looks like a double zig-zag that could be already over. We would like to see latest highs taken out to confirm our bullish outlook.

@ewforecast

Elliott Wave Service
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