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    USD/CHF: wave analysis on 03.04.2015

    The pair is expected to decline.

    Supposedly, the bullish impetus on H4 timeframe has finished.  Apparently, a bearish correction in a form of wave 2 is forming locally to the target level of 50% (0.8818). If this assumption is correct and the price does not break the critical level 0.9760, it's logical to expect the pair to continue declining within a wave c of a supposed zigzag.


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