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Yesterday, the USD_CHF pair managed at last managed to break through the low line of the horizontal corridor and fixate below it. In the result of this puncture the whole wave structure formed after August 11 attained vivid features of a five-wave structure. However, the yesterday’s quoting rates falling by two figures is the 5th wave of this structure. It should also be mentioned that if the price does not climb above the level of 76,4% correction, then in correspondence to the inner dimension of the current reduction it will be possible to expect the continuation of the currency pair decrease to the target level around 1.0200, or even to the correctional level of 88,6%.
