Main scenario:\u00a0<\/strong>short positions will be relevant from corrections below the level of 0.9569 with a target of 0.9335 \u2013 0.9180.<\/p>\n Alternative scenario:<\/strong>breakout and consolidation above the level of\u00a0 0.9569 will allow the pair to continue rising to a level of 0.9710.<\/p>\n Analysis:<\/strong>\u00a0supposedly, an ascending correction in the form of the wave 2 of (3) of senior level has stopped developing within the 4-hour time frame. Apparently, the third wave\u00a0 3 of (3) started forming now, with the first wave of junior level (i) forming inside. If the presumption is correct, the pair will logically drop to the\u00a0 levels 0.9335 \u2013 0.9180. The level 0.9569 is critical in this scenario.<\/p>\n USD\/CHF Wave analysis and forecast for 23.03 – 30.03 The pair is likely to fall Estimated pivot point is at a level of\u00a0 0.9569. Main scenario:\u00a0short positions will be relevant from corrections below the level of 0.9569 with a target … Continue reading ![\"\"](\"http:\/\/www.forexguru.pk\/wp-content\/uploads\/2018\/03\/USDCHFH1.png\")
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