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Elliott Wave Charting: Usd/Chf Bullish Bias

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Elliott Wave Charting: Usd/Chf

Usd/Chf has made a turning point to the Long side over the last session as expected, after an extended black wave C) found the bottom around 1.5005. An uptrend is now expected to continue with a break through the 1.0650 resistance confirming that a low is in place.

Overall, a huge and powerful turning point (Long blue wave (5)) is expected to happen in the near future, since a decline from 1.0897 is just a complex correction shown in wave (4).

THeLFB ChfTheLFB Charting: Usd/Chf 4h view

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