What happened? It looks like the decline in EUR/CHF to 1…
USD/CHF falling inside minor impulse wave 3
2019-11-11 • Updated
- USD/CHF falling inside minor impulse wave 3
- Next sell target - 0.9430
USD/CHF continues to fall inside the minor impulse wave 3, which previously broke through the combined support area lying between the key support level 0.9710 (which has been reversing the price from the start of October) and the 50% Fibonacci correction of the previous sharp upward correction from September. USD/CHF is expected to fall further toward the next sell target at the next powerful support level 0.9430 (which has been reversing the price from July).
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...