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Surjeet_Zenawi

Correction Complete, Prepare for impulse

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
Surjeet_Zenawi  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Wave Analysis Elliott Wave forexanalysis
3
0
trendanalysis waveanalysis elliottwaves forexanalysis
A beautiful textbook set up in this pair. Price has been rejected by the channel and as it is, that was a correction and the next is an impulse in the opposite direction.
Our bearish view is supported by:
1. Weakness in USD as per DXY
2. A potential long term bullish move in EURUSD which is negatively corelated with this pair
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