USDCHF Wave Analysis 23 September, 2020
September 23, 2020 @ 17:08 +03:00
• USDCHF broke resistance level 0.9200
• Likely to rise to 0.9240
USDCHF recently broke the key resistance level 0.9200 (which stopped the previous short-term corrective wave (a) at the start of September, as can be seen below).
The breakout of the resistance level 0.9200 accelerated the active short-term corrective wave 4.
USDCHF is expected to rise further and re-test the next resistance level 0.9240 (target price for the completion of the active corrective wave 4).