The USD/CHF and USDX both have a very similar count at present. 3 waves up are clear with a 4th wave currently in progress. As wave 2 only retraced 38.2% of wave 1, it is likely wave 4 will retrace around 61.8% of wave 3. This leaves a very good opportunity for a trade with an enviable risk to reward ratio. Look to buy at 1.034 with a stop at 1.029. Target is above 1.05. Move stops to break even when feasible.
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