USD/CHF: Elliott Wave Analysis and Forecast for 17.07.26–24.07.26

Major Takeaways Main scenario: Consider long positions from corrections above 0.8030 with a target of 0.8220–0.8400. A buy signal: the price holds above 0.8030. Stop Loss: below 0.7990, Take Profit: 0.8220–0.8400. Alternative scenario: Breakout and consolidation below 0.8030 will allow the asset to continue declining to the levels of 0.7900–0.7755. A sell signal: the level of 0.8030 is broken to the downside. Stop Loss: above 0.8070, Take Profit: 0.7900–0.7755.Main Scenar