Pound Swiss Franc has been trending to the downside for quite few weeks now. Yesterday we have reached the bottom of the 3rd wave and we are now looking for the accomplishment of the 5th wave down. This pair is still showing us divergence which implies the the end of the move is near. Look for targets at 1.270 Fibonaci level @ 1.3692/70. On the way down pay attention to the 1.3700.

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