USD/CHF Ending Bearish Move – Elliott Wave Analysis

Hello traders.USD/CHF broke down as expected; ideally into a fifth wave after a triangle formation in wave four meaning that market can be in final leg down within a higher degree decline. However, there is room for a current drop towards 0.9460 area. That said, rise and turn back above 0.9570 will suggest that pair is already bottoming.

1-Hour USD/CHF

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