FX.co ★ USD/CHF wave analysis. A weekly review.

The USD_CHF pair having finished to form the 4th correctional wave renewed the rates’ growth in favour of the US dollar within the limits of the 5th wave (in the 5th) of all uprising trend. However, there are fears that from the levels around 1,1345 - 1.1390, Swissy can make a rather deep correctional pull back. This can be stated as the price has nearly approached the target levels, calculated by the dim of the 1st wave in the 5th and actually, by the 1st wave of the whole up-trend.