USD/CHF Wave analysis and forecast for 12.08 – 19.08

Forex analytics:Estimated pivot point is at the level of 0.9842. Our opinion: Sell the pair from correction below the level of 0.9842 with the target of 0.9455.Alternative scenario: Breakout and consolidation of the price above the level of 0.9842 will trigger further rise up to 1.0 – 1.0100.Analysis: Presumably, the formation of the downward impetus I has been formed in the third wave (iii). ...