FX.co ★ USD/CHF

On the H4 chart of the USD/CHF currency pair, according to multi-timeframe analysis that includes Elliott Wave Analysis (EWA), MACD readings, and the positioning of Smoothed exponential moving averages (periods 55, 89, 144), the downward correction in the second local wave (ii) has reached its minimum targets. Provided that the key level at 0.81197 is broken, an acceleration of the upward trend is expected.