USD/CHF Long-Term Trend: Bullish
Key Resistance Levels: 0.92076, 0.92225, 0.92317
Key Support Levels: 0.91335, 0.91243, 0.91161
We have seen a bullish impulse wave and are now seeing a correction. If Elliot wave holds, we should get one support in the 50-61.8% area before seeing possible bull side continuation.
USD/CHF Medium-Term Trend:Bullish
We got a well-developed 12345-wave cycle (a) to the upside and are now seeing what may be the last push downwards for a correction (b). If buyers come in and support this in the support band below, we may see bullish continuation taking us up for a (c)-wave continuation.
Buy Limit order @ 0.91354
TP 1 @ 0.92225
TP 2 @ 0.92507
Stop Loss @ 0.91083
Trade Safely 🙂