USD/CHF: Wave analysis and forecast for 05.08 – 12.08.

Forex analytics:Estimated pivot point is at the level of 0.9945. Our opinion: Sell the pair from correction below the level of 0.9945 with the target of 0.9510 – 0.93. Alternative scenario: Breakout and consolidation of the price above the level of 0.9945 will trigger further rise up to 1.0 – 1.0100. Analysis: Presumably, the formation of the third wave of the senior level (iii) of iii continues. ...