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




The material published on this page is produced by LiteForex and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC; furthermore it has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research.



!-- Go to www.addthis.com/dashboard to customize your tools -->