Hello Guys today is Wednesday, July 3rd, 2024 I am going to analyze USD CHF currency pair let us start the top to bottom Eliot wave analysis inside the daily time frame of the the trend is down in USD CHF currency per Daily time frame resistance is present at 0.9 223 price level price action is most likely going to move sideways and then rise to print bullish wave B pull back and then drop to print bearish wave C zigzag corrective leg inching trading days a decisive bullish breakout above 0.9 223 resistance area is going to end down Trend in the daily chart of USD CHF currency pair
At 4-Hour time frame price action is printing higher swing highs and higher swing lows to me USD CHF pair Trend looks up in 4Hour time frame
At 1 hour time frame the trend is up in 1-hour chart inaday support is present at 0.882 price level price action is most likely going to drop to print bearish wave X pull back and then rise to print a bullish Wave Y double zigzag leg which offers a chance to join an uptrend in USD swiss Frank pair a decisive bearish break below 0.825 support level is going to end the uptrend in 1 hour chart of the United States dollar versus Swiss
franc currency pair
More specifically the green color the highlighted area offers a buying opportunity which is the previous wave B of one lesser degree
