USD/CHF wave analysis and forecast for 05.01 – 12.01 Estimated pivot point is at a level of 0.9800. Main scenario: short positions will be relevant below level 0.9800 with a target of 0.9610. Alternative scenario: breakout and consolidation above level 0.9800 will allow the pair to continue rising to the level of 0.9915. Analysis: supposedly a descending correction…
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