Published June 16th, 2009 - 06:11 GMT Al Bawaba The USDCHF pattern is the exact same as the EURUSD (but as the inverse) 5 waves up from 1.0589 suggest that an important low is in place. Having yet to exceed 1.0990 (3 wave decline from there), favor the upside against 1.0650. LatestPopular Explosions reported in Dubai as missile strikes hit near Bandar Abbas Houthi leader Abdul Malik al-Houthi threatens “different war” against Saudi Arabia Deadly crowd crush at India’s Rath Yatra leaves one dead, over 100 injured Toronto records world’s worst air quality as Canadian wildfires rage on Syria foils major weapons smuggling operation to Hezbollah on Syrian-Iraqi border 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