Let’s take a look at the EUR/CHF. Not the most common pair when discussing Forex trading, but one that you can make money on.
Looking at the hourly chart, we start at the high in early August and we see the first move down, the retracement back up and it looks like the current downtrend will continue to form a final Wave 3.
Look for a target price area of 1.25000 area and below. A break above the high from November 1 will invalidate this forecast.
Good luck and see everyone again shortly.