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Usd/Chf is trading higher for few weeks now, which is nice after we called end of a correction at 0.8557, where could be a low of a wave II as labeled on the chart!

Well, if thats the case, then we know that pair is now trading at the start of black wave III, which is normally one of the strongest and longest waves in impulsive sequence.

But before that very aggressive bullish call can be confirmed we need appropriate price action, which means we need to see a decisive break of 0.9313 region with similar price personality like we saw in August and September! In such case our minimum upward objective will be parity!

USD CHF Elliott Wave Technical November 28 2011

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