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    USD/CHF: wave analysis on 07.01.2016

    A fall is expected.

    Assumingly, an upward correction within wave ii of C has formed. Locally, the third wave iii seems to be beginning forming, within which a starting wave of the junior level is developing. If the assumption is correct and the price does not break out the critical level of 1.0121, the pair continues falling in the third wave towards 0.9500.

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