Get Your News Widget

Monday, April 11, 2011

USD/CHF wave analysis for April 11, 2011

On Friday the USD/CHF currency pair continued downside movement and observed the correction level 76.4% by the end of the day, thus being back to the range of the main downtrend. At the same time, inner wave structure of the wave of current estimated correction has become quite complex and continuous. Given this, we might suppose that this wave is approaching its end, which is probably located near 0.9060 – 0.9050.


Performed by Alexander Dneprovskiy, Analytical expert

http://instaforex.com/forex_analysis/26523/?x=OUE

No comments:

Post a Comment