The pair continues growing.

Assumingly, an upward impulse within wave (c) of y of B continues forming. Locally, the fifth wave of the junior level v of (c) seems to be developing. If the assumption is correct, the pair continues growing to 1.0200. A critical for this scenario is the level of 0.9985.

Trading tips

Buy the pair above the level of 0.9985 with the target at 1.0200.

Alternative scenario

The breakdown and consolidation below the level of 0.9985 would allow the pair to continue declining to 0.9470.

USD/CHF: wave analysis

USD/CHF: wave analysis

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