EUR/CHF rising inside intermediate impulse wave (5)

EUR/CHF rising inside intermediate impulse wave (5)

  • EUR/CHF rising inside intermediate impulse wave (5)
  • Next buy targets - 1.1480 and 1.1545

EUR/CHF has been rising in the last few trading sessions inside the intermediate impulse wave (5), which started earlier – when the pair reversed up from the key support zone lying between the support level 1.1260 (which stopped the A-wave of the previous ABC correction (4)) and the 38.2% Fibonacci retracement of the previous sharp upward impulse from June. EUR/CHF is expected to rise to next buy target at the next resistance level 1.1480 (top of wave B) – followed by the next buy target at 1.1545 (top of impulse (3)).

Similar

Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...

gbp

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera