USD/CHF: Bullish Continuation

 | Feb 29, 2016 04:39AM ET

USD/CHF is turning up again now after a three wave set-back down to 0.9850 area that we see it now as a completed wave 2)/B). As such, we expect much higher levels this week as we see price in early stages of an impulsive wave 3)/C) that can move up into 1.0200 area while pair trades above 0.9850.

USD/CHF, 4H