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. 

Darryl
2014-09-14
Love the good work, most accurate I’ve found in my research. Darryl
Ananyavrat
2016-06-24
Hi Surfer,

Super calls !! And analysis.

Bravo for your brexit call !!
Whats next?

Ull need to update all indices!

Ananyavrat
Duane
2014-08-29
Hey EWS,

Great work on the GBPCAD and the NZDCAD. These are the type of opportunities that I am looking for, monthly turns caught with daily or hourly entries. Easy money!!

Duane