28-02-2025 09:50 via litefinance.org

USD/CHF: Elliott Wave Analysis and Forecast for 28.02.25 – 07.03.25

Major Takeaways Main scenario: consider short positions from corrections below the level of 0.9202 with a target of 0.8724 – 0.8386. A sell signal: the level of 0.9202 is broken to the downside. Stop Loss: above 0.9280, Take Profit: 0.8724 – 0.8386. Alternative scenario: breakout and consolidation above the level of 0.9202 will allow the pair to continue rising to the levels of 0.9340 – 0.9530. A buy signal: the level of 0.9202 is broken to the upside. Stop Loss: below 0.9120,
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