Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Elliott Wave Charting: Usd/Chf Searching for Support


TheLFB NewsTheLFB-Forex.com A Forex Trader Portal

Elliott Wave Charting

Usd/Chf

No change on Swissy. The pair is still looking for the low of a corrective flat pattern shown in our red wave 2). Recently the pair hit the 61.8% Fibonacci support revel, from where some upside pressure may be seen in the near-term.

The next import support zone that traders should pay attention to is at the 1.0600-1.0640 zone.

Any break through the 1.0897 top will suggest that corrective wave 2) is already finished and a new up-trend is in progress.

TheLFB Charting: Usd/Chf 4h view

If you would like to be a part of TheLFB.com, to receive a full Elliott wave detail for Usd/Chf, and if you want to know what comes next and what to expect from the market, then join us now.

Follow Elliott Wave charts and updates on twitter.

Trade Signals and Plans Straight Off The Meta 4 Charts- Get TheLFB Trader Advantage



Disclosure: no pos.