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USDCHF – Fifth wave might be in place – January 7th, 2021

The recovery is accelerating, so we can’t rule out that wave (v) might have been in place. Wave v of (v) took the form of an ending diagonal. If correct, the current advance should be wave (i). However, as long as the price remains below 0.8918, the bullish scenario will be at huge risk.
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