


We assume that the USDCHF echange rate will jump out of the ascendig ATR axis and break up. The first correction level is around 0,95766. If that succeeds, more space move upward. Up to primary target price up to 0,98118. We are still returning to the movements above the correction level.
The ATR axes closed the exchange rate in a triangle form. We assume that a wave of currency fluctuation will start and will break up. The primary target price is expected to be 112,499
The exchange rate is limited by a triangle enclosed by an ATR axis. However , do not let the bottom support axis back out. In our opinion, the exchange rate will rise from 0,95689 upwards. The strenght of movement will be fast enough. We expect a stronger move to reach the primary target price of 0,98062.
Experience observation shows that, not only the exchange rate has a wave axis, but also the ATR of the exchange rate itself. This means that the exchange rates have a similar movement angle in a given domain as before. The angle of the ATR is displayed very clearly, by the simple parabolic SAR indicator.
With immediate market entry
I would not change the direction yet.