Contributors Technical Analysis Elliott Wave Analysis: USDCHF Trading Lower; 0.9682 Region Is In View

Elliott Wave Analysis: USDCHF Trading Lower; 0.9682 Region Is In View

USDCHF is trading in a correction of a higher degree, a big EW triangle pattern, with price now specifically trading in final stages of this triangle correction in wave C) of E. That said more weakness is expected to follow from current levels, ideally down towards the 161.8 Fibonacci projection zone.

USDCHF, 4H

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version