USD/CHF Analysis


Let’s take a look at the longer term USD/CHF chart.

It seems the low did hold as support and now we see a pretty clear 3 wave up movement.

In the shorter term, it looks like there is more potential room to continue up, however, watch for that move to complete then turn and move to the downside.

Look for a potential upward price of .9500, then once the wave has completed, then look for the turn back down.

Good luck with trading and be sure to apply your money management.