USD/CHF: Elliott Wave Analysis and Forecast for 30.01.26–06.02.26

Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.8040 with a target of 0.7420–0.7200. A sell signal: the price holds below 0.8040. Stop Loss: above 0.8040, Take Profit: 0.7420–0.7200. Alternative scenario: Breakout and consolidation above the level of 0.8040 will allow the pair to continue rising to the levels of 0.8210–0.8400. A buy signal: the level of 0.8040 is broken to the upside. Stop Loss: below 0.8040, Take Profit: 0.8210&nda