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FX.co ★ The USD/CHF wave analysis for December 16, 2010.

The USD/CHF wave analysis for December 16, 2010.

The USD/CHF wave analysis for December 16, 2010.

The USD/CHF was not as dynamic as other currency pairs, which allowed it to return to the boundaries of the upward corridor and, presumably, form the first waves of a more continuous future uptrend. Given the inner wave dimension of the new upward section we can assume that targets for the future wave are located near 0,9740 — 0,9750.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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