FX.co ★ USD/CHF wave analysis for May 11, 2011

In general, as expected, the USD/CHF pair continued to form the inner wave structure of the estimated upside correction. At the same time, the current dynamics allowed the price to complete the b wave and resume the growth in the range of the с wave of current correction. If so, the targets for this wave с might be located in a quite wide range 0.8860-0.8950.