USD/CHF: Elliott Wave Analysis and Forecast for 16.01.26–23.01.26

Major Takeaways Main scenario: Consider long positions from corrections above the level of 0.7860 with a target of 0.8168–0.8360. A buy signal: the price holds above 0.7860. Stop Loss: below 0.7860, Take Profit: 0.8168–0.8360. Alternative scenario: Breakout and consolidation below the level of 0.7860 will allow the asset to continue declining to the levels of 0.7700–0.7500. A sell signal: the level of 0.7860 is broken to the downside. Stop Loss: above 0.7860, Take Profit: 0.770