CHF

On the 4 hour charts USD/CHF is currently in a new 3-wave pattern Bullish reversal with targets @ 0.9211/0.9250/0.9273.

Conclusion:

I anticipated USD/CHF to reach between targets 0.9250-0.9273.


EUR/USD Medium-Term Outlook

EUR

On the 4 hour charts EUR/USD is currently in a new Bullish Trend from last week, but as USD/CHF as turned Bullish today so I expect the EUR/USD to turn Bearish. The current EUR/USD Bullish trend began before all the previous 3-wave pattern targets were met so I expect a bearish reversal could reach target @ 1.3018.

Conclusion:

I anticipated EUR/USD to reverse sharply to a Bearish trend with Bearish targets @ 13.235/13.045/13.018

Everything in this article is provided for personal informational and educational purposes only, and may not be interpreted as financial advice. FXChartPro.com is not giving advice nor is qualified or licensed to provide financial advice. You must seek guidance from your personal advisors before acting on this information. Trading can result in losses. We will accept no responsibility for any losses you may incur. Do not invest more than you can afford to lose.

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