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USDCHF Wave Analysis 7 January 2025

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- USDCHF reversed from support zone
- Likely to rise to support level 0.9130

USDCHF currency pair recently reversed up from the support zone located between the support level 0.9020 (former top of the impulse wave 1 from December) and the 50% Fibonacci correction of the upward impulse from last month.

The upward reversal from this support zone continues the active minor impulse wave 3 of the intermediate impulse wave (3) from December.

Given the persistent daily uptrend and the bullish US dollar sentiment, USDCHF currency pair can be expected to rise to the next resistance level 0.9130 (which reversed the earlier upward impulse).
FxProGlobal
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.

Reach out to media.comments@fxpro.com for PR and media inquiries
Também em:
Elliott WaveFibonacciSupport and Resistance

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Elliott WaveFibonacciSupport and Resistance
FxProGlobal
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.

Reach out to media.comments@fxpro.com for PR and media inquiries
Também em:

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.