Bulls Pushing USD/CHF Higher
Gregor Horvat | Jun 18, 2018 11:13AM ET
Hi traders,USD/CHF is trading higher, unfolding a nice and clear bullish structure from the 0.9786 lows which can be part of a higher degree blue wave five. Wave five is a motive wave, and must contain five waves in order to be regarded as valid. Currently we see leg iv) of five in progress which is trading just below the major 0.9983 level, where a break above it would confirm more gains ahead.
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