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    USD/CHF: wave analysis on 04.05.2015

    The bearish correction within wave (2) of senior level continues to form. The wave c of 2 is forming now, with the third wave of junior level (iii) completed and a correction in a form of wave (iv) starting within its borders, supposedly. If this assumption is correct and the price does not break the critical level 0.9591, the pair will continue to decline to a level of 0.9100 after the correction is completed. 

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