FX.co ★ USD/CHF wave analysis for March 30, 2011

During yesterday’s trading the USD/CHF currency pair started to move away from the 0.9140 level. Thus, as we mentioned yesterday, the pair is forming a 5-wave structure in the range of the upside correction developed since March 23. Given this, we can suppose that at the moment the price is in the range of the future a wave of a more continuous correction structure.