USDCHF Wave Analysis – 14 September , 2018

September 14, 2018 at 02:08PM

• USDCHF broke key support level 0.9650 • Further losses are likely USDCHF today broke below the key support level 0.9650 (which stopped the sharp downward impulse wave 3 in August and also earlier this month, as can be seen below). The breakout of the support level 0.9650 should accelerate the active impulse wave 5 of the medium-term impulse wave (3) from last month. If the pair closes this week below 0.9650 – USDCHF is expected to fall further and retest the next support level 0.9570 (forecast price for the completion of the active impulse wave 3). Continue Reading…

Author: Wave Tech Analysis
Selected by SYFX+

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