USD/CHF: Elliott Wave Analysis and Forecast for 24.07.26–31.07.26

Major Takeaways Main scenario: Consider long positions from corrections above 0.8058 with a target of 0.8250–0.8400. A buy signal: the price holds above 0.8058. Stop Loss: below 0.8018, Take Profit: 0.8250–0.8400. Alternative scenario: Breakout and consolidation below 0.8058 will allow the asset to continue declining to the levels of 0.7900–0.7755. A sell signal: the level of 0.8058 is broken to the downside. Stop Loss: above 0.8098, Take Profit: 0.7900–0.7755.Main Scenar