Swiss Franc Focus Remains 9784
240 Minute Bars
Prepared by Jamie Saettele
The USDCHF remains in an exceptionally bullish position with a series of 1st and 2nd waves appearing to unfold from the February low. Alternate counts are bullish but to a lesser extent, allowing for a drop below 9550 before the next leg up takes place. In the event of a drop below 9550, 9500 (61.8% retracement) becomes support.
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