Published March 5th, 2008 - 06:47 GMT Al Bawaba Similar to the USDJPY, we favor the idea that the USDCHF completed 5 waves down from 1.1033 but with a truncated 5th. As such, a larger correction is underway now as a 4th wave that should end in the 1.05/1.06 zone (23.6%-38.2% of 1.1033-1.0336). LatestPopular 150 dead as unseasonal rains trigger floods and landslides in India and Nepal Trump says a 'great deal' with Iran will end the war Ahmed al-Sharaa's $1,588 shoes during basketball match split opinions Trump accuses Iran of breaking ceasefire multiple times Turkish official goes viral over Mario-like bushy mustache 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