![USDCHF Elliott Wave Analysis: Ending Diagonal Suggests For Bullish Move USDCHF Elliott Wave Analysis: Ending Diagonal Suggests For Bullish Move](https://c.mql5.com/6/2/splash-1436.jpg)
USDCHF Elliott Wave Analysis: Ending Diagonal Suggests For Bullish Move
28 July 2014, 11:22
![Abdolreza Basirizadeh Abdolreza Basirizadeh](https://c.mql5.com/avatar/2014/7/53C6B3CB-A10A.jpg)
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USDCHF bounced sharply from the lows few months back, and it seems that this bullish legs will now continue as latest retracement from the highs has unfolded in a corrective manner. We would not be surprised to see a rally through 0.9080 this summer and acceleration up to 0.9400 as wave three that would be part of a new bullish cycle, away from 0.8700 low.
USDCHF Daily Elliott Wave Analysis