FX.co ★ EUR/CHF

Hello traders! So, a comprehensive multi-timeframe analysis of the EUR/CHF cross-rate on the daily chart indicates a possible completion of the formation of the fourth wave . This analysis is based on Elliott Wave Theory (EWT), MACD histogram readings, and the positioning of Smoothed exponential moving averages with periods of 55, 89, 144, as well as on models of technical and wave analysis. The critical level for canceling this scenario is 0.9178.