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Elliott Wave

USDCHF 0.887 Likely To Mark 5-Wave Impulse

The USDCHF formation on the 1H timeframe hints at a standard zigzag pattern consisting of primary waves Ⓐ-Ⓑ-Ⓒ. This completed a large intervening wave x of a cycle degree. At the moment, bears have managed to form intermediate sub-waves…