LiteForex - Analytics


    842.00 7.50/10
    81% of positive reviews

    USD/CHF: wave analysis on 19.02.2016

    A downward trend is strong. Locally, the pair is in a correction.

    Assumingly, a downward impulse within the third wave iii of C continues forming. Locally, the first wave of the junior level (i) of iii seems to have finished and the upward correction in wave (ii) shaped as a zigzag is developing. If the assumption is correct, the pair will continue falling towards 0.9500 after the correction ends. Critical for this scenario is the level of 1.0254.

    To leave a comment you must or Join us

    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree