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Forex pairs in this Article » USD/CHF
By: DailyForex.com

Currency: USD/CHF Method: Elliott Waves Description: Expanded triangle below resistance level in correction expected wave (B). Going within the expanded triangle, we can notice around %75 completed with minor wave d in progress as a larger Zigzag or more complex form might shape up. I do expect a pull back toward 0.93670 level or 0.5 Fibonacci where i am planning to short the pair as a Gamble trade expecting wave c of d targeting below 0.9200 level. Again lets keep an eye on this trade for today and for further analysis from my side towards today's gamble trade. Recommendation: I will gamble this pair at or near 0.93670 by short the pair. Stay tuned Stop Loss: N/A Target: N/A

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