FX.co ★ USD/CHF wave analysis for May 18

USD_CHF price has not only recouped the losses of early trading session, but also has managed to move to the positive for Swissy area. Thus, the currency pair is likely to have started formation of the correctional 4th wave in the 5th of all uprising trend. As we see it on the figure the decrease is developing by the correctional levels calculated by overal length of the 3rd wave. Moreover, if the uptrend renews its possible targets are found in the area of 1,1470 -1,1680.