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USD/CHF: wave analysis

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USD/CHF: wave analysis

 

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The pair can grow.

On the 4-hour chart the upward correction is developing as a wave (2) of the higher level, within which the wave А of (2) is forming. Locally the third wave of the lower level iii of A is developing. If the assumption is correct, the pair will grow to the levels of 0.9800–0.9877. The level of 0.9647 is critical for this scenario.

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