USDCHF Chart Technical Outlook 4th wave correction complete
Looks to have completed the 4th wave correction. Bespoke support is located at 1.3608-32 (as in this morning’s market bias sheet). Support is located at 1.3445-42. A break here and we then expect choppy price action down to the 261.8% extension level of 1.3196. There is ample scope for intraday rallies over the FOMC. As long as the previous swing low of 1.3230 is not breached, the wave count remains valid.
