Wega Trade



Wave analysis
 









Wave analysis

28 august, 17:57
Wave analysis. Forex market. Franc



In picture it is clearly visible as the Swiss tries to finish UP a trend and to generate a turn. However, there is a probability of Dollar against Franc growth renewal. At sharp easing of Euro and Pound, pair USD_CHF can "throw" (at least) to 1.1435, for example on corresponding news. Otherwise, the figure a head - shoulders can be generated turn and to renew a descending trend. Besides the franc already was late on Andrews` Pitchfork average line in correction ÀÂÑ.

Operating levels for today:

R3 1.1125

R2 1.1075

R1 1.1020

P 1.0970

S1 1.0915

S2 1.0860

S3 1.0810

We advise while to remain out of the market.

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