It looks as though the USDCHF will continue lower, even after piercing parity this morning at .9988. We do contend that the drop from 1.0352 is wave 5 within the 5 wave drop from 1.1105.
Wave 5 could extend to the lower channel line near .9750/9800.
It looks as though the USDCHF will continue lower, even after piercing parity this morning at .9988. We do contend that the drop from 1.0352 is wave 5 within the 5 wave drop from 1.1105.
Wave 5 could extend to the lower channel line near .9750/9800.