Elliott wave analysis of USD/CHF (Swiss franc).

USD/CHF OANDA:USDCHF

IgorFlow

In connection with the expectation of the devaluation of the dollar on all (except of ruble ) fronts, I’m starting to slowly work out options that are corrective with this hypothesis for all currencies.

Frank, in principle, is marked down without any problems. If you thought to short this pair, now is the time. The stop is indicated by a red level and the take is in the area below 0.83 francs per dollar.

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