FX.co ★ The USD/CHF wave analysis for December 09, 2010.

Having passed the level of the 99 figure during the yesterday trading session USD/CHF demonstrates its intention to start forming a wave from the whole correction structure which has been developing after December, 01. In case this tendency continues developing, quotes falling to the correction level 76,4% (0.9665) is expected. At the same time USD/CHF keeps the possibility to continue its growth after the slight drawdown to the level 0.9800.