USD/CHF
Parity is in 5th wave of elliott wave theory which started in September 2020.Every wave has inner elliott wave and ABC counts that makes wave theory in this chart stronger.I consider 5th wave target is between 0.87 and 0.8650.A Fibo retracement which drawn from top of the chart to possible 5th wave ending corrects other waves at fibo levels.If USD/CHF parity follows this chart,DXY recovery may be postponed.
Parity is in 5th wave of elliott wave theory which started in September 2020.Every wave has inner elliott wave and ABC counts that makes wave theory in this chart stronger.I consider 5th wave target is between 0.87 and 0.8650.A Fibo retracement which drawn from top of the chart to possible 5th wave ending corrects other waves at fibo levels.If USD/CHF parity follows this chart,DXY recovery may be postponed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.