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29/08/2022

          The US dollar is trading now to form the complementary wave Y of the corrective pattern – a complicated zigzag WXY, and this wave started with an impulse 1 2 1 2 1 2 pattern, Which indicates to more decline after the end of the corrective wave ((2)) that targets prices at 0.97313and can take place to more than that, provided that the decisive deviation is not exceeded at 0.98860.

Usdchf 2022 08 27 02 25 30

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Usdchf 2022 08 20 09 50 05

Coming closer to wave (B), we expect it to be a double three correction, in which waves W and X of it have ended, and now the pair in wave Y, which target lower than 0.87748, critical resistance at 1.00643

03/09/2022

It is still trading within the framework of a corrective wave ((2)), which targets 50% retracement of wave ((1)) at 1.32785 , and it can extend to 61.8%  retracement of wave ((1)), at 1.35991. provided that the critical limit at the peak wave ((1)) is not breached at 1.46680.

Usdchf 2022 08 31 23 27 22

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Usdchf 2022 08 20 09 46 05

Coming Closer to wave ((2)), we are looking for wave ((2)) to be an expanded flat, which wave (A) has ended and currently, the pair in wave (B), which target near the starting of wave ((2)).

Usdchf 2022 08 20 09 41 22

We are looking for the pair to form an ending diagonal in wave V, in which wave ((1)) has ended. Now the pair in wave ((2)), we are looking for wave ((2)) to achieve 50% of wave ((1)), which comes at 1.13776