My picks: not time yet to go long USDCHF
Expertise: Technical
Average Time Frame of Trades:
The USDCHF has dropped below its March low of 1.1157. In other words, minimum expectations have been met for wave Y. One more low could complete 5 waves down from 1.1265 and give way to a bottom and reversal. A rally above 1.1087 would suggest that a low is already in place.
