Elliott Wave Analysis: USDCHF Looks Higher Ahead
On USDCHF we have seen a nice reaction to the upside in the last two weeks from around 0.8800 region where market might have completed an ending diagonal pattern that we were tracking it in wave C for a while. We can see current price above the upper trendline of the pattern which suggests higher USDCHF in days maybe even weeks ahead. Break of 0.9250 break would be a final confirmation for completed bear market on USDCHF.
USDCHF Daily Elliott Wave Analysis