What happened? It looks like the decline in EUR/CHF to 1…
CHF/CHF rising inside intermediate (C)-wave
2019-11-11 • Updated
- CHF/CHF rising inside intermediate (C)-wave
- Next buy target - 114.30
CHF/CHF has been rising sharply in the last few trading sessions inside the minor impulse wave 1 – which belongs to the intermediate (C)-wave from the middle of April. The pair earlier broke the pivotal resistance level 110.00 (former strong support level from February, which stopped the A-wave of the previous ABC correction (B), as can be seen below).
CHF/CHF is expected to rise to the next buy target at the next resistance level 114.30 (top of the B-wave of the previous ABC wave (B)).
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