Hot: Expecting USDCHF 400 pips fall
Comparing USDCHF (UC) with history we may assume the same direction will be followed except there may be a shift between cycles which may speed up of delay some steps. In this case we see a delay of the first big fall of UC, roughly 400 pips, in our current time.
The 400 pips change will then also need to be applied to one of the other members of the USDCHF/CHFJPY/USDJPY triangle. It may be partly UJ and CJ, unfortunately I had no time to find out but it would be good to see a confirmation first before any trade is et up. Positioning of UJ makes good candidate for a change of that size to be applied...
The 400 pips change will then also need to be applied to one of the other members of the USDCHF/CHFJPY/USDJPY triangle. It may be partly UJ and CJ, unfortunately I had no time to find out but it would be good to see a confirmation first before any trade is et up. Positioning of UJ makes good candidate for a change of that size to be applied...
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Finally it seriously looks like it is starting. USD devaluation is about to kick off 6 months later!
Updated analysis at www.tradingview.com/chart/y67Vi1Tb