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  Symbol Bid Ask
EURUSD 1.2934 1.2937
GBPUSD 1.511 1.5113
USDJPY 101.81 101.84
USDCHF 0.9671 0.9674
USDCAD 1.031 1.0313
EURJPY 131.69 131.72
EURCHF 1.251 1.2513
GBPJPY 153.79 153.86
GBPCHF 1.4613 1.462
GOLD 1392.77 1393.37

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USD/CHF wave analysis for June 21, 2011 2011-06-21


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In general as expected, during yesterday’s trading the USD/CHF currency pair has continued to decline from the 0.8550 level. Therefore, such downside movement is becoming more and more like the inner structure of the 5th wave. If so, the Swiss franc might continue to recover, thus decreasing in the direction of the levels located near the 83 figure level.

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Performed by Alexander Dneprovskiy, Analytical expert
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