OANDA:USDCHF   US-Dollar / Schweizer Franken
13 0 1
The trend is upward.

On the 4-hour chart the upward correction is developing as a wave (2) of the higher level, within which the wave C of (2) is developing. At the moment the local correction is ending as a fourth wave iv of C of the lower level. If the assumption is correct, the pair will grow to the level of 1.0100 within the wave v of C. The level of 0.9946 is critical for this scenario.

Main scenario

Long positions will become relevant above the level of 0.9946 with the target at 1.0100.

Alternative scenario

The breakdown and the consolidation of the price below the level of 0.9946 will let the pair go down to the levels of 0.9885–0.9850.
More analytic from LiteForex:
English https://www.liteforex.com/blog/?uid=880952068&cid=12118
Malay https://www.liteforex.my/trading/forex-analysis/?uid=880952068&cid=12118
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