Swiss Franc Continues to Trade Sideways
240 Minute Bars
Prepared by Jamie Saettele
After completing 5 waves up from the low (9300), the USDCHF has weakened but in a corrective manner (to this point). Price has trended sideways for the last 5 days in what is either a pause before an assault on 9300 or a bottoming process. A daily close above 9520 would be enough to suggest that a secondary low is in place.
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