Published March 14th, 2008 - 07:54 GMT Al Bawaba It looks as though the USDCHF will continue lower, even after piercing parity this morning at .9988. We do contend that the drop from 1.0352 is wave 5 within the 5 wave drop from 1.1105. Wave 5 could extend to the lower channel line near .9750/9800. LatestPopular Trump questions China–Iran alignment after U.S. seizes suspected missile-linked cargo ship Carney overhauls U.S. advisory council Merz admits strained ties with Trump, urges pragmatic transatlantic engagement 150 dead as unseasonal rains trigger floods and landslides in India and Nepal Trump says a 'great deal' with Iran will end the war Loading content ... Subscribe Sign up to our newsletter for exclusive updates and enhanced content Subscribe Now Subscribe Sign up to get Al Bawaba's exclusive celeb scoops and entertainment news