Currency Pair = USD/CHF

TimeFrame = Daily for Short Term Trade

Elliott Wave Signal = Sell at Market Price @ 1.1655-1.1670 area

Target Profit = 1.1570 area

Calculated Risk Level = 1.8+ ( High Risk )

Stop Loss at 1.1790 area.

Elliott Wave Analysis :-
As we can see USD/CHF has testing 100% fibonacci retracement for two times and yet unable to break those support.Our view still the same as previous signal where our next target at least 123.6% of fibonacci expansion for macro wave degree of wave c at 1.6570 area.

That will also complete WXY wave and wave 2 of  subminuette degreee.After this correction end we will be expecting impulsive wave iii up.

Below is our latest Elliott wave USD/CHF analysis :-

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