Tag - chf - swiss franc

USD/CHF: will the pair rise?
USD/CHF: will the pair rise?

On a daily chart of USD/CHF, there is a reversal as a part of a transformation of the “Shark” pattern into 5-0.

USD/CHF: Franc is weak
USD/CHF: Franc is weak

On the daily chart of USD/CHF, the pair hasn't reached targets of "Wolfe waves", "Shark" (113%) and AB=CD patterns.

USD/CHF: the USD is strong
USD/CHF: the USD is strong

On a daily chart of USD/CHF a break of the resistance at 0.9985 let bulls continue to move up towards the 113% and 127.2% targets of the “Shark” and AB=CD patterns.

USD/CHF: should you buy or sell?
USD/CHF: should you buy or sell?

On the daily chart of USD/CHF, the pair has been reaching targets of the reversed “Shark” pattern with the 113% target.

USD/CHF: the franc is weak
USD/CHF: the franc is weak

On the daily chart of USD/CHF, there was a rebound to the  23.6% level from the CD wave of the junior “Shark” pattern within its transformation to the 5-0 pattern.

USD/CHF can go down
USD/CHF can go down

USD/CHF reached 0.9630 (50% of the medium-term rising wave), although the diagonal resistance in form of the upper border of the downtrend channel is a more serious obstacle.

Negative forecast for USD/CHF
Negative forecast for USD/CHF

On the daily chart, bears managed to stop USD/CHF at 0.9735 (38.2% of the medium-term rising wave) and return the pair inside the long-term downtrend.

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