USDCHF : Bearish Impulse Can Be Finished

Gregor Horvat

USDCHF made five waves down from 1.0255 so decline can be bottoming since we also see five subwaves down from 0.9972 as red wave 5). Well, notice that so far pair already gained more than 2000 pips which looks promising for more bullish price action ahead. Ideally we will see further upside this week to 0.9972.

USDCHF 4 Hour Chart

USDCHF 4 Hour Chart