USD/CHF: Elliott Wave Analysis and Forecast for 05.06.26–12.06.26

Major Takeaways Main scenario: Consider long positions from corrections above 0.7793 with a target of 0.8220–0.8400. A buy signal: the price holds above 0.7793. Stop Loss: below 0.7755, Take Profit: 0.8220–0.8400. Alternative scenario: Breakout and consolidation below 0.7793 will allow the asset to continue declining to the levels of 0.7600–0.7420. A sell signal: the level of 0.7793 is broken to the downside. Stop Loss: above 0.7830, Take Profit: 0.7600–0.7420.Main Scenar