USD/CHF falling inside minor impulse wave 3

USD/CHF falling inside minor impulse wave 3

  • USD/CHF falling inside minor impulse wave 3
  • Next sell target - 0.9430

USD/CHF continues to fall inside the minor impulse wave 3, which previously broke through the combined support area lying between the key support level 0.9710 (which has been reversing the price from the start of October) and the 50% Fibonacci correction of the previous sharp upward correction from September. USD/CHF is expected to fall further toward the next sell target at the next powerful support level 0.9430 (which has been reversing the price from July).

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