.gif)
Yesterday, the USD/CHF price continued to slide down to the correctional level of 38.2%, having moved just by 80 b.p. At the same time, the whole yesterday’s price drawdown, supposedly, took place within the formation of the fifth wave in the correctional c wave. Thus, considering current wave situation, it should be noted that the price of the pair has a good chance to start an upward pullback from the above-mentioned correctional level. In addition, MACD allows such variant of developments.
