RSS USD/CHF: Elliott Wave Analysis and Forecast for 17.01.25 – 24.01.25

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 RSS USD/CHF: Elliott Wave Analysis and Forecast for 17.01.25 – 24.01.25

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Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.9201 with a target of 0.8724 – 0.8386. A sell signal: the price holds below 0.9201. Stop Loss: above 0.9245, Take Profit: 0.8724 – 0.8386. Alternative scenario: Breakout and consolidation above the level of 0.9201 will allow the pair to continue rising to the levels of 0.9340 – 0.9530. A buy signal: the level of 0.9201 is broken to the upside. Stop Loss: below 0.9150, Take Profit: 0.9340 – 0.9530. Main Scenario Consider short positions from corrections below the level of 0.9201 with a target of 0.8724... Read full author’s opinion and review in blog of #LiteFinance
 
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