USDCHF made expected corrective pullback in the wave 4 and we expect one more move down to complete impulsive sequence. Our potential target for this 5 wave move is to be completed around 0.9095. On the larger time frames we still look for a potential lows and more upside on this pair. We will hold this view longer term for now until we see strong evidence that USD will finally lose its ground and show us structure which will prove this reversal.
USDCHF 4h Elliott Wave Analysis
usdchf elliott wave

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