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Saturday, February 25, 2023

Technical: USDCHF: Elliott wave analysis and forecast for 24.02.23 – 03.03.23

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Alert Alert Feb 25, 2023, 3:30pm
 
Technical: USDCHF: Elliott wave analysis and forecast for 24.02.23 – 03.03.23
Main scenario: consider long positions from corrections above the level of 0.9218 with a target of 0.9550 – 0.9810. Alternative scenario: breakout and consolidation below the level of 0.9218 will allow the pair to continue declining to the levels of 0.9060 – 0.8925. Analysis: a bullish third wave of larger degree (3) is developing on the daily chart, with ...
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