Elliott Wave Analysis Indicates Resumed Bearish Trend for USDCHF
Elliott Wave Analysis Indicates Resumed Bearish Trend for USDCHF
The USDCHF currency pair has been on a decline since peaking on May 13, 2025. This pattern aligns with what technical analysts call an impulsive wave structure, often referred to as a nest. The market dynamics suggest a continuation of the bearish trend.
As analysts discuss the potential price movements based on Elliott Wave patterns, traders should stay informed about the ongoing developments.