CHF/CHF rising inside intermediate (C)-wave

CHF/CHF rising inside intermediate (C)-wave

  • 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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