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USD/CHF broke support area

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  • USD/CHF broke support area
  • Next sell target - 0.9740

USD/CHF continues to fall after the earlier breakout of the support area lying between the support level 0.9830 (which stopped the previous minor impulse wave 1) and the support trendline of the daily up channel from September. The breakout of this this support area accelerated the active minor impulse wave 3. USD/CHF is expected to fall to the next sell target at the next support level 0.9740 (low of the previous impulse wave (1)).

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