Here is a brief Elliot Wave analysis of USD/CHF from Goldman Sachs technical analysts from there their (I really deserve a stern talking-to after allowing that typo to remain all weekend …
) “The Charts That Matter Next Week” (i.e. for the week coming up).
They say it’s now in a 4th wave corrective prior to the 5th impulsive wave higher:
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As you may or not know, Elliot Wave is not my thing, but to those Elliot Wave analysts out there, what do you think of GS’s brief call here for USD/CHF higher once this corrective wave has completed?
