Swiss Franc Strength to Continue (USDCHF Weakness)
240 Minute Bars
Prepared by Jamie Saettele
Near term expectations are for the USDCHF to extend a bit lower in order to complete 5 waves down from 9775. A drop below 9233 would probably complete wave 3 of the 5 wave decline before small waves 4 and 5 unfold. With the market in unchartered waters, round figures are to be watched for support (9100, 9000, etc.).
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