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    USD/CHF: wave analysis on 08.06.2015

    Supposedly, the fifth wave continues to form within a bearish diagonal-shaped 5-wave structure. Apparently, the first wave (i) of v and its correction as wave (ii) have been formed locally. If this assumption is correct and the price does not break the critical level 0.9542, it's logical to expect the pair to continue declining to the levels 0.9130–0.8820. 

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