USDCHF Elliott Wave Analysis: Ending Diagonal Suggests For Bullish Move

USDCHF Elliott Wave Analysis: Ending Diagonal Suggests For Bullish Move

28 July 2014, 11:22
Abdolreza Basirizadeh
0
144

USDCHF bounced sharply from the lows few months back, and it seems that this bullish legs will now continue as latest retracement from the highs has unfolded in a corrective manner. We would not be surprised to see a rally through 0.9080 this summer and acceleration up to 0.9400 as wave three that would be part of a new bullish cycle, away from 0.8700 low.
USDCHF Daily Elliott Wave Analysis

 

Share it with friends: