USD/CHF: Wave analysis and forecast for 29.07 – 05.08:

Forex analytics:Estimated pivot point is at the level of 0.9955. Our opinion: Sell the pair from correction below the level of 0.9955 with the target of 0.9510 – 0.93.Alternative scenario: Breakout and consolidation of the price above the level of 0.9955 will trigger further rise up to 1.0 – 1.0100.Analysis: Presumably, the formation of the upward correction has completed as the second wave (ii), ...