Home Daily Analysis Charts / Trade Ideas Swiss Franc Futures Completes a Wave B (UPDATE)

Swiss Franc Futures Completes a Wave B (UPDATE)


As commented last Friday 09, the Swiss Franc Futures completed a wave (B) of intermediate degree at 1.0384 activating the start of a wave (C). Find out with us what to expect from this new cycle.

The breakdown

The intraday breakdown showed on the CHF 4-hour chart gives us the signal of the new bearish cycle. The close under 1.0311 will confirm the bearish scenario with a first potential target at 1.0133. The invalidation level is above 1.0385.

Read our previous post here.


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