USD/CHF - Bottom likely in place, break above 0.9625 will a strong indication

USD/CHF - Bottom likely in place, break above 0.9625 will a strong indication 

The double zig-zag correction from 1.0330 finally seems to have completed for the next strong rally to above 1.0330. 

Short term, I will be looking for a break above minor reistance at 0.9625 as the first strong indication that this in fact the case, while a break above resistance at 0.9780 will be needed to confirm that wave 2 has bottomed and wave 3 to above 1.0330 is develping. 

It will take an unexpected break below important support at 0.9476 to invalidate the long term bullish outlook. 

Tommy
2015-02-26
Great call on nat gas

Just wanted to drop you a note to say great call on nat gas as it held 2.67

Great job.

Tommy
Darryl
2014-09-14
Love the good work, most accurate I’ve found in my research. Darryl
Thomas
2014-05-28
phenomenal new service EWS, I have followed you for 18 months and the exceptional analysis continues unabated! I look forward to the daily updates focusing on the most interesting and potentially lucr...