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    USD/CHF: wave analysis on 08.07.2015

    The pair growth possibility remains.

    Supposedly, the third wave of the senior-level iii continues to form, within which a new impetus (i) of iii of 3 and a correction (ii) of iii have formed. Locally, most likely a third wave (iii) of iii is developing, within which the pair is expected to grow towards 0.9800. Critical for this scenario is the level of 0.9396, the breakdown of which would allow the pair to continue falling towards 0.9300, but within the correction of a more senior level.

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