USD/CHF - Daily
USD/CHF - 4 Hourly
USD/CHF - Break above 0.9950 will confirm a more bullish mood and a rally to 1.0545
The resistance ceiling at 0.9950 has capped the upside since mid March, but this is about to change. A break above this resistance seems imminent and a break above here will confirm more upside towards 1.0545 in wave 5 of [C].
Short term, support is seen at 0.9842 and should protect the downside for the break above 0.9950 for a rally to 100.40 and after a minor correction, that most likely will find support at the former resistance at 0.9950 more upside towards 1.0545 should be expected.
If you like the above post and want to enjoy the insight and the opportunities that follows, then you should consider joining my service elliottwavesurfer.com. Click at the link and see, what I have to offer.
No comments:
Post a Comment