ew-forecast

USDCHF Trading In A Correction

FX:USDCHF   U.S. Dollar/Swiss Franc
USDCHF             is in the corrective pullback from latest highs. After tracing 5 waves up, USDCHF             at the moment trades in the A-B-C pullback with waves A and B looking completed. We expect one more push down in the wave C towards 0.9864 – 0.98769 , where previous waves four can act as a support and a reversal into higher levels.

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